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xmm
ANDW
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES
VOL.
NEW
29.
YORK, AUGUST
2,
NO.
3879.
Financial.
Financial.
736.
Financial.
Dickinson
Banque
Bro's.,
BANKERS,
Centrale
Anversoise,
Antwerp.
Paid-Up Capital,
• -
I.
TRANSACTS
GENERAL BANKING
A
BUSINESS.
A8A
Eddy,
P. Potter, Prest.
J. J.
BOSTON,
DEALERS
IN
GOVERNMENT BONDS.
Special attention given to
COLLECTIONS, and
prompt remittances made on da, of payment.
Boston business paper discounted. Correspondence invited.
&
Cisco
J.
R. T. Wilson
&
BANKERS,
William Street, New
52
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.
&
4 Exchange
12 years
Court,
Platt K. Dickinson,
Howard C. Dickinson,
Members N. Y. Stock Exchange and N Y. Mining
Stock Exchange.
jfames M. Drake
Co.,
H. H.
&
Co.,
&
Buttrick
~
Elliman,
BANKEKS AND BROKERS,
No. 2 Nassau street,
New York.
BONDS, STOCKS and INVESTMENT SECURITIES
BOUGHT AND SOLD ON COMMISSION.
C. A.
BUTTRICK, Members of the
)
WM. ELLIMAN,
N.Y. Stock
and Mining Exchanges.
i
Geo. A. Mkrceh.
Wm. f. Owens,
Member. N. Y. Stock Exchange.
&
Owens
Mercer,
B A NKER
,
Hollister
DREXEL BUILDING.
Mr. J, M. Drake has been a member of the New
York stock Exchange since 1852. and will give personal attention to all business entrusted to the firm.
/or Cash or on
Stocks, Bonds, and all Investment
Securities, in lots to suit.
22
& Co.
Wall St., New York,
BUY and SELL RAILROAD 8TOCK8 and BONDS,
U. 8. GOVERNMENT, STATE, CITY, and all other
Negotiable Securities, ON COMMISSION.
New
Sell on Commission,
AND
21
York.
membership in N. Y. Stock Exchange.
Buy and
York.
Have been connected with mining since the discovery of the famous Comstock Lode, and also
pioneers in the celebrated Bodie district, In which
are located the " Standard," " Bulwer." " Bodie,"
and other well-known mines. Letters and telegrams
from these districts received dally. Order* executed direct at the San Francisco Stook Excnange.
Co.,
BANKERS and BROKERS
Margin,
BANKERS AND COMMISSION MERCHANTS
2 Exchange Court, New York.
York.
commission.
Kimball
New
Stocks, Railroad Bonds, Governments, mod all Securities dealt In at the N. Y. Stock Exchange, bought
and sold, either for Investment or on margin.
Co.,
Accounts and Agency of Banks, Corporations,
Arms and individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends, also as transfer agents.
Bonds, stocks and securities bought and sold on
tT.
No. 43 Exchange Place,
BANKERS,
&
Paton
Jesup,
R.
York.
DEPOSITS RECEIVED SUBJECT TO CHECK AT
SIGHT, AND INTEREST ALLOWED OS DAILY
BALANCES.
GOVEKNMENT BONDS. GOLD, STOCKS AND
ALL INVESTMENT SECURITIES BOUGHT AND
SOLD ON COMMISSION.
No. 59
But Commercial paper and Bills or Excn asm
TRANSACT GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.
Son,
BANKERS,
Wall Street, New
BILLS ON LONDON.
MAKE CABLE TRANSFERS.
Cashier.
Maverick National Bank,
NEW YORK.
45 W.IIL ST.,
DRAW
Co.,
_ „„„„„
BANKERS,
PHELPS,
:
Fslix Ukisar, President.
Alfred Maqbinay (Graff & Maqulnay), Vlce-Pres
J. B. Von sii IliiKit (B. Von der Becke).
Otto Gbnthrr (Coruellle-Davld).
KMILK UK GOTTAL.
Ad. Frank (Frank, Model & Cle.)
Aug. Nottbboum (Nottebohm Frerea).
Fb. Dhanib (MicbieuvLoos).
Joh. Dan. Fubrmann, Jb. (Joh. Dan. Fuhrmann.).
Loots Weber (Ed. Weber & Cle.)
JULBS 1UUTB.V8TEAUOM (C. ScUmld & Cle.)
John
N.
JAMES STOKES.
ANSON PHELPS STOKES.
9,000,000 Francs.
BOARD OF DIRECTORS
&
Phelps, Stokes
7
S
AND COMMISSION STOCK BROKERS,
Exchange Court and 62 Broadway.
Interest allowed on deposits, to be drawn at will.
Also, Contracts made and carried in New York
Cotton and Produce Exchanges. We issue a Dally
Letter which will be sent on application.
BANKERS AND BROKERS,
NEW YORK AND BALTIMORE.
Gwynne & Day,
[Established 1854.]
BCo.
45 Wall Street,
Transact a general banking and brokerage busiess in Railway Shares and Bonds and Government
ecuritles.
Interest allowed on deposits.
Investments carefully attended to.
Stocks, Governments and Miscellaneous Securities
bought and sold on commission.
NEW YORK
43
New
Members
Will STREET, NEW YORK,
Issue Commercial and Travelers' Credits available
Id all pans of the world. Draw Time and SIgbt Bills
on tbe Union Bank of London, and on the Credit
Lyonnals, at Lyons or Paris. Make Cable Transfers.
Buys and
ties.
MERCHANT AND BANKER,
8
sells
Perino Brown,
on commission
all
Georgia securi-
Pres't.
refers
to
American
W. H. Patterson.
YORK,
134 Pearl
ft
A
.
CKJ Co*
COR. OF
WALL STREET AND BROADWAY
Bur and
Sell
Cash'r.
BOSTON.
York.
Transact a General Banking Business, Including
the purchase and sale of STOCKS and BONDS for
oash or on margin.
Investment Securities.
BOX 2,647.
P. O.
A
M. KIDDER.
C.
W. MCLILLAN. Jr.
W. TRASK.
70 State Street
Street.
GOSSLER
&
Co.,
CORRESPONDENTS 07
International
BANKERS,
New
Bank
of
Hamburg and
London, (Limited.)
HOUSE IN EUROPE,
166 QRiVIER STREET,
E A N
Bank
Collections solicited.
Corresponds with and
Exchange National Bank.
NEW
Charles G. Johnsen,
I.
H. H. Hollister,
S. H. DtJNAN,
Stock Exchange.
New York
OF GEORGIA,
ATLANTA, GEORGIA.
BANKERS,
HEW OR
of
Citizens'
Kountze Brothers,
13
BALTIMORE HOUSE;:
21 South Street.
HOUSE:
Street.
H. H. Hollister,
Robert b. Holmes,
Smith
& Hannaman,
INDIANAPOLIS, INDIANA,
MAKE SAFE AND PROMPT
LOANS
JOHN BERENBERG, GOSSLER & CO
ON
HAMBURG,
BEAL ESTATE SECURITY.
;
;
:
THE CHRONICLE
ii
XXIX.
Vol..
Foreign Exchange.
Canadian Bank*.
Foreign Bankers.
Drexel, Morgan & Co.,
WALL STREET,
Bank of Montreal.
Nederlandsch Indische
Handelsbank,
CORNER OF BROAD, NEW YORK.
&
Drexel
No.
34
Drexel, Hnrjes
Co.,
South Third
St.
81
&
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,900, Gold.
C<
Boulevard Hanssmann
GEORGE STEPHEN,
Philadelphia.
Paris.
DOMESTIC AND FOREIGN BANKERS.
Deposits received subject to Draft.
Interest allowed
on Deposits. Foreign Exchange. Commercial Credits.
Ca'iie Transfers.
Circular Letters for Travelers,
available In all parts of tbe world.
.
ATTOR-NKYS AND AttXNTS OF
S.
A
No. S2
MORGAN
OLD BROAD
CO.,
LONDON.
ST.,
Noa. 59
&
Brothers
No. 59
WILL
V.,
Lwae, against cash deposl ed, or satisfactory guarantee of repayment. Circular Credits for Travelers, In
dollar* for use In tbe United States and adjacent
countries, and In pounds sterling for use In any part
of tbe world.
THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MOSEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
&W. Seligman&Co.,
J.
BANKERS,
EXCHANGE PLACE,
59
CORNER BROAD STREET. NEW lOKK.
Bny and
fers
Exchange and make telegraphic
of money on Europe and California.
trans-
MIJNROE &
PARIS.
CO.,
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS A CO.,
LONDON.
Ctboulab Notes and Cbsdits fob Tbavhlsrs.
S.
G. C. Ward,
AGENTS FOX
BARING BROTHERS
COMPANY,
NEW YORK.
Commercial Credits Issued for use In Europe, Cblna,
Japan, the East and West Indies, and South America.
Demand and Time BHIb of Exchange, payable In
London and elsewnere, bought and sold at current
rates; also Cable Transfers.
Demand Drafts on Scotland and Ireland, also en
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MACTAVISH, ( ._.„„,,
WM. LaWSON.
J.
&
'{
$5,461,790 Paid Up.
JOHN HAMILTON.
JOHN McLENNAN,
HEAD
&
LONDON, ENG.-The Clydesdale Banking Comp'y.
NEW YORK-The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Ex-
change, Cable Transfers, Issues Credits available in
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
tbe offices of the bank in Canada. Demand Drafts
issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.
New York Agency, 48 Exchange-place.
JOHN
B.
NASSAU STREET.
BILLS OF EXCHANGE ON
33
)
JR.,
i
A.„„„,„
K ent «-
Capital,
H.
8.
$1,000,000.
D. «. WILKIE,
ROWLAND, President
;
Cashier
ANCHKS
8T. CATHARINES, PORT
COLBORNE, ST. THOMAS
LNGERSOLL, WELLAND, DONNV'LLE, FERGUS.
Agents In London
„^ <iuzT Salt * Co-.
:
MANCHESTER & COUNTY BANK,
;
"LIMITED;"
MANCHESTER, PAYABLE IN LONDON
in
New York
Foreign Bankers.
ESTABLISED
Exchange Place.
NEW YORK.
Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters of
en
Cradle
all
principal cities o
Office,
{
J
CHRISTENSEN,
C. T.
Street,
New
A S„ entg
and Man J, ani makes Trans ers of Money by Telegraph and Cable. Gives special attentlsn to Gold ana.
Silver Bullion and Specie, and to California Collections and Securities and arranges to pay Dividend*
on such securities at due dates.
Bankers, London,
do
d»
do
New
-
SMITH, PAYNE & SMITHS,
UNION BANK OF LONDON.
York, The
BANK of NEW YORK, N.B.A.
THE
Anglo-Californian
Bank
(LIMITED).
LONDON, Head Office, 3 Angel Conrt.
SAN FRANCISCO Office, 422 California
Agents. J.
& W.
-
Seligman
SU
A
Co.
$6,000,000.
1,700,000..
-
Transact a general banking business. Issne
Com-
mercial credits and Bills of Exchange, available to.
all parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor.
able terms.
FRED'K F. LOW,
)„
—*
P. N.
IGXATZ STEINHART. Managers.
LILIENTHAL, Cashier.
i
Boston Bankers.
Chas. A. Sweet
&
Co.,,
BANKERS
STATE STREET, ROSTON.
County and Railroad Bonds
H. Peck,
F.
RANKER AND
?„?"
America.
•"<»«*.
It
York.
ROKE
It
EXCHANGE PLACE,
BOSTON.
Parker
&
Stackpole,
BANKERS,
No. 78
DEVONSHIRE STREET,.
1, ls79.
112 Pearl
1
GEORGE
1824.
STANTON BLAKE,
HENRY E. HAWLEY,
York. January
"
L. BRANDER, 1
Issue Commercial and Travelers' Credits available
in any part of the world. Draws Exchange, Foreign
No. 7
Execute orders for the purchase or sale of Merchandise. Bonds, stocks, and other securities. In
the
United -tates, Europe and the East; make Collections
buy and sell rpreltn Exchange, and give «u»»ui.es
advances
upon Merchandite for hxport.
OLIVER S. CARTER, ) Agents
Kiw
$10,000, 0(0 Gold.
3,500,000
Paid-up Capital, 36,000,000 Florins
i* i- 1.10 ..000, Gold)
Europe.
SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.
...
(invested in
U.S.Bonds)
State. City,
OF HOLLAND,
St., cor.
Surplus,
Handel-Maatschappij,
Knoblauch
William
Agency, 62 Wall Street,
Capital, paid up.
40
The Neilierland Trading Society
BANKERS,
OF SAN FRANCISCO.
New York
DEALERS LN GOVERNMENT SECURITIES, Gold
Nederlandsche
EDINBURG, AND BRANCHES;
Lichtenstein,
The Nevada Bank.
|
BELFAST, IRELAND;
AND ON THE
&
Calilornia Banks.
Bank of Montreal.
'
NATIONAL BANK OP SCOTLAND,
CABLE TRANSFERS AND LETTERS OF CREDIT
Agents
93 Lombard Btreet.
59 Wall street.
Promptest attention paid to collections payable
In
'
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part o>f the United Slates bj
gold or currency draft on New York.
ULSTER RANKING COMPANY,
ALSO,
I
BLAKE BROS. A CO
Autborlzed Capital, Paid up and Reserve,
OFFICE, TORONTO.
F.
& Co^
AMSTERDAM, HOLLAND.
N. Y. Correspondents— Messrs.
Imperial Bank of Canada NEW YORK
Dealers in American Currency and Sterling Exchange.
SMITH, PAYNE & SMITH'S,
BANKERS,
LONDON
HARRIS.
Boissevain
RANKERS
;
Manager.
BANKERS:
HEAD
Co.,
Esq.
OFFICE, MONTREAL.
GEORGE HAGUE, General Manager.
WM. J. INGRAM, Asst. General
IS
Stuart
J.
A gents.
Merchants' Bank
OF
CANADA.
Capital,
Adolph
AND
WALL STREET.
No. 52
ic
52 WALL STREET,
28 STATE STREET, BOSTON.
54
CO.,
Agents for North America,
wall street, new york,
88 state street. boston.
COMMISSION MERCHANT »
North America,
HENRY HAGUE.
&
G.
No. 9 Blrchln Lane.
AGENCY OF THE
Bank of British
Co.,
No. 8 Wall Street, New York,
No. 4 Pout Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON
BLAKE BROTHERS &
;
Vice-President,
&
-
Exchange, Francs and Cable
grant Commercial and Travelers' Credavailable in any part of the world Issne drafts
Office,
1863.
Issne commercial credits, make advances on ship.
ments of staple merchandise, and transact i.the,
business of a financial character in connection with
the trade with the Dutch East Indies.
;
President, the Hon.
John Munroe
}
tell Sterling
London
Issue Letters of Credit for Travelers,
Bills of
Smithers,
on and make collections in Chicago and throughout
the Dominion of Canada.
Payable In any part of Europe, Asia, Africa, Anatmlls
and America.
Draw
WALL STBEET.
61
ESTABLISHED IX
Pald-L'p Capital, 12,00 -,000 Guilder*
($4,800,000 Gold.)
HEAD OFFICE IN AMSTERDAM.
Agencies in Batavia, Soerabaya and SanMrang:
Correspondents in Padang.
»„„....
Waltkb Watson, J Ag<mU
Transfers
Co.,
ST., N.
&
General Manager
OFFICE.
C. F.
its,
Brown
ANGUS,
NEW YORK
Seen rules. Gold,
Ac bought and sold on Commission.
Messrs. J.
President
B, B.
AMSTERDAM, HOLLAND.
BOSTOX.
August
THE CHRONICLE.
2, 1879.]
Southern Banker*.
Boston Banker*.
TBOS.
111 AS.
&
BOSTON.
Chartered In 1879.
- $500 009.
STEPHEN M. CKOSBY,
GEO. WOODS RICE.
Treasurer
payment.
Correspondents.—German-American Bank, New
York Louisiana National Bank, New Orleans Bank
;
;
of Liverpool, Liverpool.
cla»«'«..f Securities d.-alt In
NEW
YORK STOCK EXCHANGE, or all
reputable Securities bought and sold in the ni'KN
at the
LOANS
negotiated.
check.
iiiaiicial.
I
Purchase and sell, on Commission, GOVERNMENT,
8TA
M'M< IPAI. and RAil.KOAIJ lld.N'Kti
and SSj
HTOCKH, and nil
MARKET.
Preelrient.
Loans made uton time on staple Merchandise
either upon
Ms of Lading or warehouse Receipts.
Exchange of Cnllateial, or prepayments In parto
Allow Interest on
-
payment* made before
all
J.
maturity of loans
Uiiiiki-rs
CORRESPONDENCE SOLICITED.
&
Brewster, Basset
Co.,
Commercial
paAacf.
Board
Orders executed on Commission at Brokers
'Auctions, and Private sale.
8
WALL STREET,
New
DEVONSHIRE
12
ST.,
Boston,
York,
RAILROAD a MISCELLANBOI'8 SECURITIES
All business relating to tho Construction
and
Co.,
BANKERS AND BROKERS,
2 Nassau Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMERCIAL PAPER NEGOTIATED.
BROADWAY,
H. W. Rosenbaum,
Co.,
Gilman, Son
&
Co.,
BANKERS,
CEBAR STREET,
62
specialty.
Information
Rrother.
A
fnr
f~i
Government Bonds
E.
buy and
Bailey,
IStttikers.
Insurance
Stocks
A. K.
Walker, Cashier
First National
»
I L,,>l
•Collectlona .oari*
V. F. Pen /.EL,
President.
)
If,
•»>
Bank,
i>arr«
of the United States
STATU BANK,
(incorporated
I
ls,5. f
CT.Wa.lxxe
Cashier.
iPaiu-i.ni
onr
st.
Co.,
(near Wail).
gtOO«i nought and sold on the NBW TO KK. STOCK
EXOH A N'Gh on a manrto of 3 per ct,nt, if dewlred
Kipist] attention giveu to small and (ar^elti vestments.
Any Information gtveu personally or by mail. First*
reference
line
M. Y. coKKicto-oM enth. Donnell. JLawson a Co. and
-fen Ite'.'on.itltta Nailon.il Bant.
NEW STREET,
M. A S. STERNBKRGKK. Bankers.
17 Broad Street, New York.
And M Devonshire Street, Boston.
New York, New England
& Western
INVESTMENT CO.
(INCORPORATED.)
Capital Stock
J. 83 Wall
•
•
$200,000.
NEW YORK,
BOSTON, PHILADELPHIA AND CHIC tGO.
81
&
PINE STREET,
S3
NEW
YORK.
MONEY CAREFULLY IN VE8TEK tor Capitalists.
Tnist-es of EstaU-s, Guardians, Fire « Lite insurance
orpuratl .us and olker
Companies, Savings Banks,
Investors.
Strictly C'.uae. vatlve.
LO NS CAREFU LY PL -CM) on Western Farm
Mortgages, at 8, 9 A 10 p«r c nt lntere»t, aud on choice
business pr-periy In Cincinnati, Cleveland. Indianspoil-, I'etrolt. IhtcaKO. -t Louis, Kaunas City and
urrent Interest collectweptern Cities.
other
ed w.thout charge. Loans -art-fury pi teed also on
Heal r.state I" the Cities of New Turk. Brooklyn.
W
Je
Wge
•
M"5!NlLYpA£ T.I»TKlCT SCHOOL. GAS AND
ano other CORPORWATi-.K BONOS, RAlLROA
'efaulted Bonas converted
id negotiate".
'
ATE BON
I
coupons collected.
ma.e to Cou .ties. Towns
anticipation of Tases and other
oupoas pal for nt tea. Counties, Town*,
Into Interest-pailng Investment-
TEMPORARY LOANS
ana
cities
Revenue-,
In
*
Companies, <vc.
_ J
WILL ACT AS STOCK TuANSFK.R AGENT
Cities, itallroad
Alden Gaylord,
$76,000.
26,000.
itlven to all business In
Broad
&
BANKERS AND 8TUCK BROKERS.
<-hUH
LITTLE KOCK, IKK,
Scbplus
Prompt Htrentlon
F. Gilbert
No. 16
German Bank,
•CAPITAL
H.
•.!«•!>, n. c.
an
1
Mayl.lSTO.
i
Cash mild at once for the &i>o**e Becurltlr* or they
w>l) hr wld on communion, at oiler's uptlou
;
B. E. BFRHrraa. Pres't
No.
Dealings In
A SPECIALTY.
Soutliern
BROOKLYN SECURITIES, CITT BONDS,'
Gaa Stocks, Ac,
Investment Securities.
PaNE street.
8T.),
Orders In stocKs anu Bunds promptly executed at
the Pbllanelpnia and New nrlc Boards.
an<t
S.
7
PHILADELPHIA.
•
In addition to a General Backing Business,
sell
Austin,
J. bTouh BKWKEK,
•OS WALNUT (-LACK (316 WALNUT
Beers, Jr.,
HAS REMOVED TO
Correspondence solicited and Information cheer-
VIRGINIA SECURITIES
and
McGovern, Jk.
Jam.
NEW YORK
ALL CLASSES OF INVESTMENT AND MIS- G<i»LDEN FLS.-FOE GOLD dt SILVER
I
MINING COMPANY.
CELLANEOUS SECURITIES NOT ACTIVELY
Main Office, Reno, Washoe County. Nevada.
tiaw York Office, No. 17 Broad Street.
DEALT IN AT THE NEW YORK STOCK EXAuthorised Agents at New York and Boston for til*
CHANGE A SPECIALTY.
sale of a limited amount of stock,
UAiNKP.Kb
Bell
N. T.
Exchange Place,
RAILROAD BONDS AND STOCKS.
iSu oliOKEKB,
BAI.Tlir.OKB.
BROADWAY.
Stocks, Railroad Bonds. Governments, and all Securities dealt in at the New Vork Stock Kxctiansa
bouKht and sold, either for in vestment or on margin,
in lots to suit, on commission only.
Coleman Benedict,
fully furnished.
— MfKlm
Com
Coleman Benedict & Co.
BUYS AND SELLS
Baltimore Bankers.
solicited
York.
2.M7.)
Special attention paid to the negotiation of
merclal bills.
BOUGHT AND SOLD.
61
Boston, Ma§§.
Correspondence
New
BOX
(P. O.
CITT RAILROAD STOCKS & BONUS Member N. Y. Stock Exchange.
Curtis,
&
IN
63 Wall Street,
93
L. Grant,
NEW YORK.
RAILROAD BONDS.
Wilson, Colston
ttONDS.
FOREIGN EXCHANGE,
See quotations of Ctty Railroads In this paper.
SIMMONS' BUILDING,
satined.
N. x. COBRirapownitwr-.
CAROLINA STATE
STOCK AND BOND BROKERS,
No. 146
STOCK BROKERS,
aud
ty SPECIAL ATI ENTION GIVEN TO
FUNDING VIRGINIA AND NORTH
BROKERS
&
Sand, Hamilton
H.
BOSTON.
INVESTMENT
LOANS NEGOTIATED.
COMMISSION.
BANKER AND BROKER.
Ho. 61 STATE STREET,
*
Bought and Sold on Commission.
Virginia Tax- RtainaljU Coirpons Bought.
Hilmers,M cGowan & Co
Stanton D. Loring,
Pbila.
IN
S
INTEREST ALLOWED ON DEPOSITS.
Late Cashier Blackstone National Bank)
&
FRA NK JENKINS
B0U1HERN 8ECCRITIBS A 8PBCIALTT.
Municipal Bonds.
Jackson
HATCH.
B.
Collect Coupons AMD Dividends;
BANKERS AND DEALERS IN
Dealer In CITY, COUNTY and
WILLIAM
BOtDKN.
NEGOTIATE LOANS AND DRAW BILLS OP
EXCHANGE ON LONDON.
.
<Oeo.Wm.Ballou«&Co
H.
PAPER
subject tu
R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NBW YORK,
SECURITIES;
Equipment of Railroads undertaken.
Geoesb h. Holt,
Member N' 7. Stock Exchange.
Wi. Uallou.
DEPOSITS
Flrst-Claas Investment Recnritlea.
OVERNMENT B0*DB, STATE. CITY, COUNTY.
Investment Reonrltt*. cnn.tajitrv on hand.
•Sao.
THOMAS
DEALS'
New York,
BUY AND SELL
Boston, Mass.
Dealers In Stocks, Bonds, Gold and
aud Merchants,
RULROAD INVESTMENT
CONGRESS STIIKKT,
Co.,
WILLIAM STREET,
No. 63
BANKERS,
No. 36
&
Kennedy
S.
cilMMKIM'IAL
anil
Interest paid on
i
for entire loans allowed.
nan flu I.
fl^B/N^Er^*^
Special attention paid to oolleotlona, with prompt
remittances at current rates of exchange on day of
'CAPITAL,
I
Co.,
MOBILE, ALABAMA.
POST OFFICE SQUARE,
!8
I
WILLIAMS, JNO. W. MILLER
B. MILLER.
P. MILLEII, R. D.
Massachusetts
Miller
Loan & Trust Company, Thos. P. BANKERS,
•-No.
iii
New Vork,
IN
LIIIIMIi'l A I'lU'NTl HON ON
sit.,
OSALES
ST.
*.\ii all classes or
LNVKsTMKNT « MISCELLANEOUS SECURITIES
Refers by permission to W. S. Nichols *Cs. Bankers
for
Rallioad, Mining and other corporations, and also as
Trustee of iionJhoide'S.
conducted
for
negotiations
FINANCIAL
But s, Counties, Town Cities, Rallroai and other
Corporations, and Indivmaala.
,
em.
Geo. W. Debevoise, Vice-President,
W*. P. Winos, secretary and Treasurer
joan
C. Short, Presl
:
:
THE CHRONICLE.
Financial.
UNION TRUST CO.
OF THE NEW YORK LIKE
OFFICE
KRIE A WESTERN RAILROAD COMPANY.
NEW
OF
No. 73 Broadway, Cor. Rector
CAPITAL,
-
-
$1,000,000.
.
"_j»_
St.
HAS SPECIAL FACILITIES FOR ACTING AS
Transfer Agent and
Registrar of Stocks.
Authorized by law to act as Executor, AdministraGuardian, Receiver, or Trustee, and Is a
tor,
LEGAL DEPOSITORY FOR MONET.
Interest allowed on Deposits, which may be-made
and withdrawn at any time.
N. B.—Checks on this Institution pass through the
EDWARD
Clearlng-Housc.
J.
KING,
Prtttdent.
M. McLean, Ut Vice-President.
Wit. WHiTCWKienT, 2d
Vice. President.
EXECUTIVE COMMITTEE.
J.
Samuel Willits,
6. G. William?,
Geo. Cabot Wabi>
C. D. Wood.
M. McLean,
Augustus Scuxll,
E. B. Wesley,
Wm. Whitewright,
H. OGILVIE,
J.
Montague & Clinton
This Company
sts.,
ministrator.
It can act as agent In the sale or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
And this Company a safe and convenient depository
for money.
RIPLEY ROPES, President.
CHA8. R. MARVIN. Vice-Pres't.
Edgar. M. Citllen, Counsel.
TRUSTEES
Alex. McCue,
A A. Low,
B.Baylis, Henry K.Sheldon
Chauncey, John T. Martin,
Alex. M. White, JoBiah O. Low, Ripley Ropes,
Austin Corbin. Edmund W. Corlies.
Chas.B. Marvin,
Thomas Sullivan, Abm.
H.
E. Pierrepont, Dan'l
WM.
R.
BUNKER,
Secretory.
Albert E. Hachfield,
NASSAU STREET,
19
BASEMENT,
Deal* in Investment Securities and
Bonds Generally.
WANTED.
Boston & New York Air Line Preferred Stock.
Toledo Logansport & Burlington Bonds.
Union & Logansport Bonds.
Columbus & Indianapolis Central Bonds.
Rome Watertown &, Ogdensburg Bonds
Indianapolis A Vincennes Bonds.
New York A Oswego Midland Bonds.
Southern Railroad Bonds.
WANTED
All kinds of
price paid for them.
address,
I..
:
MISSOURI and ILLINOIS DE-
FAULTED COUNTY BONDS.
A.
Give
Highest market
full description,
BANKER AND BROKER,
Third
124 N.
street, St. Lonls,
Hatch
BANKERS,
and
CtMIIAKD,
&
No. 12
Mo
Foote,
WALL STREET
19
S.
Stanton,
NASSAU STREET,
Railroad, City, and County Bonds
and Stocks
BOUGHT AND
SOLD.
Geo. H. Prentiss,
24
BROAD STREET.
GAS
STOCKS
A SPECIALTY.
Brooklyn
Securities
10's.
Cass County, Mo., 10's.
Cape Glrardcan County, Mo., 10's.
Chariton County, Mo., 8'a.
Daviess County, Mo., 7'a.
Henry County, Mo., 10's,
Howard County, Mo., Chariton Township,
Henry County, Mo., 10's.
Marion County, Mo., Mason Township.
Morgan County. Mo.. 10's.
Pettis County, Mo. t 10's.
St. Clair County, Mp., 10'».
Ralls County, Mo.TlO's.
Sullivan County, lto., ?'».
WANTED BY
4 Broad sweet,
TOBEY * KIRK,
RAILWAY
PACIFIC
C. K.
OFFICE
GARRISON,
President.
NEW YORK
OF THE
PROVIDENCE A B08TON RAILROAD CO.
(Stonington railroad). New York, July 31,
1879— A Quarterly Dividend of TWO (2) PER CENT
will be paid at the office of Messrs. M. MORGAN'8
SONS, 89 William street, New York, on the 11th day
of August. The transfer books will be closed from
the 4th to the 12th.
HENRY MORGAN,
-~"TFrs. 400,000,000
800,000 Shares or 5001. Each.
President,
Mr. F. De LESSEPS.
>
SIMULTANEOUSLY IN EUROPE AND AMERICA.
Referring to the above, the undersigned beg to
inform the public that thev are authorized to re-
ceive subscriptions at their office in the EQUITABLE BUILDING, No. 120
No. 78
STREET, where they will be pleased
to give further information and deliver printed
forms of application for shares.
Subscribers will be required to deposit 25 franca
(or $4 85) per share on application
100 francs (at
current rate of exchange) on allotment.
The balance to be paid on a previous notice of at
;
least three
months.
Interest at the rate of 5 per cent per annum on the
capital paid is guaranteed by the company to the
shareholders during the time of the construction of
the canal.
New York, July 26. 1879.
CREDIT I.YOVVWS,
NEW YORK
Treasurer.
STONINGTON STEAMSHIP
CO.,
OF THE ILLINOIS CENOFFICE
TRAL RAILROAD COMPANY, New YORK,
Aug. 1, 1879— A Dividend of THREE (3) PER CENT
has been declared by this company, payable on the
1st day of September next, to the holders of its
capital stock as registered at 2 P. M. of the 13th
inst., after whloh, and until the 4th September, the
transfer books will be closed.
L. V. F. RANDOLPH, Treasurer.
FIVE PER CENT
GOLD DOLLAR AND STERLING BONDS,
DUE
The Board
July
29, 1879
Company have
of Directors of this
—
this
1008.
Principal and Interest Payable at the Bank
of montreal, in new york ok london.
FOR SALE BY
BLAKE BROTHERS &
No. 4 OFFICE OF THE
DIVIDEND
MOBILE * MONTGOMERY RAILWAY CO.,
DREXEL BUILDING, NEW YORK,
AGENCY.
Province of Quebec
NEW YORK,
July 31, 1870.— A Quarterly Dividend of THREE (3)
PER CENT will be paid at the office of Messrs. M.
MORGAN'S SONS, 39 William street, New York, on
the 11th day of August. The transfer books will be
closed from the 4th to the 12th.
C. G. BABCOCK, Treasures
BROADWAY AND
CEDAR
OFFICE OF THE PROVIDENCE &
CO.,
SI Wall Street.
Ind.
Bloomlngton
A
Went., 1st Mort.
ic Pekln 1st.
Wabash, 1st, 2d and Consol. Int. Scrip.
Chesapeake A Ohio, in and 2d ."Wort.
30, 1H79, payable at the office of Messrs. DREXEL,
Bonds and Scrip.
MORGAN A CO., New York, on and after the 12th
BOUGHT AND SOLD BY
day of August, 1879.
day declared a Dividend of TWO AND ONE-HALF
(2j5) PER CENT on the capital stock of the company (equivalent to threeper cent on the old bonds),
out of the earnings for the six months ending June
Dauvllle Urb. Kl
The transfer books of the company will be closed
from Friday, the 8th day of August, until Wednes-
J.
day, the 13th day of August, 1H7».
J. P. CURTIS, Secretary.
COTJTHERN NKVABA MIMSG CO
^SANTA FE D1STKICT,ESMERALDAC0.,NEV
MAIN OFFICE, RENO., WASHOE CO.. NEV.
NEW YOKE OFFICE, 17 BROAD ST.
New York and Boston for the
number of stock,
M. A 8. STERNBERGER, Bankers,
No. 17 Broad Street, New York, and
Authorized Agents at
sale of a limited
No. 52 Devonshire Street, Boston.
STATES CIRCl'-IT COURT,
UNITED
SOUTHERN DISTRICT OF NEW YORK.-In
Equity.— Between JOHN G. STEVENS and others,
complainants, and the NEW YORK A OSWEGO
MIDLAND RAILROAD COMPANY and others,
defendants.
The sale under the decree made in the above-entitled suit.whic'rf has been advertised in this paper once
a week for the fifteen weeks last past, is hereby adjourned to September 20, 1879 ; the sale to take
place at the Wickham Avenue Depot of the New
York & Oswego Midland Railroad Company, in Middletown, in the County of Orange and State of New
York.
For terms and conditions of sale, reference is
made to the advertisement referred to, or can be
obtained by calling upon the Master at his office,
No. 140 Nassau street (Morse Building), in the City
KENNETH G. WHITE,
Of New York.
Master.
Dated June 28, 1879.
ALEXANDER A GREEN.
Complainants' Solicitors,
New York City.
FIRM OF WARE,
THE
day been
A CO. has
Tl I Itl'll V
thiB
dissolved, in consequence
of the retirement from active business of Mr. H.
H. Ware. Either partner will sign in liquidation.
H. H.
WARE.
G1LLIAT BCHROEDER.
New York, July 31, 1879.
Ill
Pearl
St.,
New York,
July
31. 1879.
Sir.— We beg to Inform you that we have this day
formed a co-partnership under the firm name of
SCH ROE BE R A JOHNSTON.
for the purpose of conducting a general Cotton
Business, as successors to the late firm of
WARE, MURPHY A
Yours
truly,
D.
PROBST A
CO.,
EXCHANGE PLACE. NEW YORK.
52
WANTED
:
Atchison A Pike's Peak RR. Bonds and Stock.
Chicago A Illinois Eastern RR. Bonds and Stock.
City, County and Town Bonds of Western States.
City of St. Joseph, Mo., 7 Per Cent Bonds.
Iowa Central Railroad First 31ortgage Bonds.
Danville UrbanaBloomington & Pekin Bonds.
Indianapolis
A
St.
Louis Railroad Bonds.
Louis Vandalia A Terre Haute Railroad Bonds.
Houston A Texas Central Railroad Company Stock.
Port Huron A Lake Michigan Railroad Bonds.
East Lincoln (111.) 10 Per Cent Bonds.
St.
International
A Great Northern
Railroad Stock.
Joseph & Western Railroad Stock.
New York A Oswego Railroad First Mortgage Bonds.
N. Y. A Oswego Midland RR. Receiver's Cert if cites.
Utah Southern Railroad First Mortgage Bonds.
St. Louis A South Eastern Railroad Bonds.
WM. R. UTLKV, 31 Pine St., N. Y.
St.
Texas Bonds.
STATE, RAILROAD, COUNTY AND
MUNICIPAL BONDS
BOUGHT AND
J.
C.
CHEW,
SOLD.
29 Broadwav.
WAITED:
CITY OF MOBILE
No. 120 Broadway
Bought and Sold
MISSOURI COUNT ¥ BONDS.
Buchanan County, Mo.,
CAPITAL,
J.
Office No. B Bowling Gbeen,
New York, July 26, 1879.—The Coupons due Aug. 1,
1879, on the First Mortgage Bonds of the Pacific
Railroad Company (of Missouri), will be paid on
and after that date at this office.
BUT AND SELL
J.
Interoceanique.
JEWETT. President.
THE COMPANY IS FORMED WITH THE
2S Wall ST., New York, June SO, 1870.
OBJECT OF CONSTRUCTING A SHIP CANAL
Referring to the above notice of the New York
Lake Erie A Western Railroad Company, we are THROUGH THE ISTHMUS OF PANAMA, TO
now ready to receive any of the New York A Erie UNITE THE ATLANTIC AND PACIFIC OCEANS.
Railroad second mortgage bonds for extension.
AN INTERNATIONAL SUBSCRIPTION TO
We are also prepared to buy, at 1U0W and accrued
THE STOCK OF THE SAID COMPANY WILL BE
interest, any of the bonds, the holders of which
rather
than
extend.
may desire tt sell
OPENED ON THE 6TH AND 7TH OF AUGUST,
DREXEL, MORGAN A CO.
H.
GOVERNMENT BONDS, GOLD, STOCKS AND
MISCELLANEOUS SECURITIES.
Compagnie
Universelle du Canal
Co., will be paid at maturity.
Brooklyn, N. T.
authorized by special charter to
act as receiver, trustee, guardian, executor, or ad-
John P. Rolfe,
1870.
COMPANY,
Secretary.
Is
Wm. B. Kendall, Henry Sanger,
New Yohk, June 30,
MISSOURI
The Brooklyn Trust Co.
.Cor. of
Financial.
This company has made an arrangement with
Messrs. DREXEL, MORGAN A CO. to extend the
second mortgage bonds issued by the New York A
Erie Railroad Company, maturing Sept. 1 next, the
frinctpul payable in forty years from that date, and
he interest March 1 and September 1, semi-annually, at Ave percent per annum, both in United States
gold of the present standard, weight and fineness.
The right to extend, as above, has been reserved
to such of the present holders as maydesire to avail
of it, and shall deposit their bonds for that purpose
with Messrs. DREXEL, MORGAN A CO. prior to
the 15th of August next.
Such bonds as may not be extended by the holder,
or be presented for that purpose by Messrs. Drexcl,
Morgan A
XXH.
[Vol.
Financial.
YORK,
;
CO.
G!LLIAT_8CHR_qEpER.,
BARTLETT S.JOHNSTON.
Past-Due Coupons.
THOMAS P. MILLER <V CO.,
MOBILE, ALABAMA.
WANTED
Alabama, Sonth Carolina Sc Louisiana
State Bonds;
Sow Orleans Jackson it Gt. Northern,
Mississippi Central, and MobUe
4c Ohio Railroad Bonds
City of New Orleans Bonds.
LEVY
<V
BORG,
M WALL STREET.
;
punggO
mm
HUNTS MERCHANTS' MAGAZINB,
$ W**tUt} §tw*y*ptt,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTEKESTS OF THE UMTED STATES.
VOL.
SATURDAY, AUGUST
29.
CONTENTS.
.
Suggestion for the
Financial Review of July
Bankers'
Convention
Importsand Exports for June, 1879 109
Latest Monetary and Commercial
105
Strict Construction of the Savings
Bank Law
The French Education Bill
The Case of Licutcnant-G overnor
Letellier
!08
News
106
EngliBh
107
Commercial
scarcely necessary to affirm, so evident is it, that a
shadow of uncertainty exists; for we all know that
Quotations of Stocks and Bonds., lit
Local Securities
117
Investments, and State, City and
Corporation Finances
118
every business interest can be greatly helped or hinmay we not say imperiled? according to the
policy on certain financial questions which shall finally
prevail among our people.
For instance, a class at this
THE BANKERS' GAZETTE.
Banks, etc
I
|
|
113
1
THE COMMERCIAL TIMES.
Commercial Epitome
Cotton
122
122
126
Breadstuff s
3£frje
I
|
Dry Goods
127
Imports, Receipts and Exports.... 123
Prices Curi ent
129
©ftxcrnkle.
The Commercial and Financial Chronicle is issued on
day morning, with
the latest news
up
to
Satur-
midnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
IN
ADVANCEj
Transient advertisements are published at 25 cents per line for each insertion,
but when definite orders are given for five, or more, insertions, a liberal discount is made. Special Notices In Banking and Financial column 60 cents per
line, each insertion.
WILLIAM B. DANA,
I
WILLIAM B. DANA & OO. Publishers,
JOHN Q. FLOYD, JE. f
79 fc 81 Wunam street,
YORK.
Post Office Box 4592.
NEW
•
neat file-cover
Volumes bound
is furnished at 50 cents; postage
for subscribers at $1 20.
on the same
is
18
EsT" For a complete set of the Commercial and Financial Chronicle—
July, 18B5. to
at the office.
date—or of Hunt's Merchants' Magazine,
dered
—
—
moment are saying, down with the banks, tax them oat
of existence ; others are insisting upon and laboring for
the free issue of silver dollars, enabling foreign nations
to
pay us eighty cents or
less instead of a hundred cents
they buy of us; still others urge that, as paper is
cheaper than silver, issue paper dollars ad lib. ; and all
these classes claim that they are acting in the name of
all
the people, and, as the
end of their policy, that riches
be created out of nothing and poverty cease.
It is
folly, while such wild views find such a large following,
will
what is accomplished,
mere action of natural forces. Our
people need educating, and, what is of more importance, they are eagerly seeking information upon these
and kindred subjects, confidence in the leading of false
theorists being weakened by the success of specie payments, which these blind guides predicted would be a
for conservative citizens to rest in
trusting to the
Advertisements.
t^~ A
is
for
For One Year, (including postage)
$10 20.
For Six Months
f
do
6 10.
Annual subscription In LondonHncluding postage)
£2 6s.
Sixmos.
do
do
do
l 7s.
Subscriptions will be continued until ordered stopped by a written order, or
at the publication office. The Publishers cannot be responsible for Remittances
unless made by Drafts or Pist-Omce Money Orders.
London Office.
The London office of the Chronicle is at No. 5 Austin Friars, Old Broad
Street, where subscriptions will be taken at the prices above named.
cents.
it
112
108
ey Market, U. 8. Securities,
Railway Stocks, Gold Market,
Foreign Exchange, N. Y. City
changed prospects.
But notwithstanding these promising surroundings,
its
Miscellaneous
News
736.
—
—
i
110
and
NO.
years, and giving promise of a continuance of the same
condition the coming year,
even leaving out all other
considerations may reasonably congratulate itself upon
THK CHRONICLE.
A
1879.
2,
1839 to 1S71, inquire
disastrous failure.
Would
it not be wise then for our bankers assembled
convention to take some action under which they
should become systematically the instructors of the
in
A SUGGESTION FOR THE BANKERS' CONVENTION.
people on financial subjects. Error is always aggressive
the American Bankers' and bold, but all that is needed for its defeat at the bar
Association is to be held at Saratoga next week, begin- of an American public is to have it met with the same
ning with Wednesday, August 6.
look upon the boldness. Hitherto we have been too timid, letting
The annual convention
of
We
meeting of
year as a very important errorists constitute themselves the special champions of
session, grave questions upon which the people.
Change all this. Assume and prove that
this association this
one.
Since
men
differed,
its last
have been finally settled, and passed into
There is no room left now for argument with
regard to the feasibility of specie payments, for a currency interchangeable with gold has at length become
the fixed condition, while our improved national credit,
and the exhilaration every industry is exhibiting, may
well be claimed as the first fruits.
Furthermore,
to-day, it seems as if every force in nature were
combining to make our future prosperous. And it
is no extravagance to say that this is so, even far
beyond all former experience; for a country suddenly
changed from a debtor to a creditor nation, with the
history.
balance of trade largely in
its
the producers are of all classes the most interested in the
Take the bank question
defeat of these very schemers.
for
How
instance.
pour out
system.
opposition
their
and made
banks really are
;
to
the
political
present
aspirants
banking
should be simply and
familiar to every man, what
In reply, suppose
clearly shown,
our
glibly
it
that they are only the instruments
for conducting the exchanges of the country, the con-
produeer and his market
grain of sense has
any particular system to advocate ; if one can be
devised working with less friction than that now existfavor for four successive ing, and with less expense, adopt it by all means. These
necting link between the
tell
them that no person with a
THE CHRONICLE
10(5
XXIX.
[Vol.
'views only require to be fully and carefully explained to
disabuse most minds of tbe prevailing idea that a bank-
of their trust, and especially in the appropriation of the
ing system is devised for pouring money into the pocket
Just the contrary of that is true.
of the capitalist.
Instead of being an organization in the interest of capitalists, it is, as we know, a complex piece of machinery
organized as the result of years of experience, and put into
working order solely for the purpose of turning capital
You may provide
into the channels of commerce.
the Attorney-General an
Superintendent
trust funds,
Lamb
official
has obtained from
opinion on the subject.
In his letter of inquiry, after setting out what he believes
power of
to be the
trustees,
he
cites
certain facts dis-
covered within the last few months, which indicated that
such officers sometimes have unsound ideas and do
improper
Thus, in one case an annual supper
acts.
was given, for many years; in another case a service
of plate was presented to a local organizer of a
railroad enterprise; in two cases, contributions were
canals and railroads, and boats and cars of the most approved patterns, and furnish in abundance the grain and
cotton for freight but without banking facilities the
-movement of one crop to the seaboard would occupy,
we were going to say, almost a life-time. For it is the
little bill of lading passed through a bank parlor that
lifts the valve, turns on the steam, and sets the car in
•
made
to the yellow-fever fund; in others, donations
have been made to local charities and to widows
of officers, a donation of $15,000 being made to
an officer as a gratuity; payments have been made for
legislation, although
alleged services in influencing
motion. And yet these modern political economists fly generally such claims have been promptly spurned.
up on every Ptump they meet, and crow out their little The Superintendent therefore asks an opinion on five
philippic against banks, while politicians of almost every questions: Can trustees lawfully use the funds in other
ways than those expressly named by law; if funds are
etripe are afraid to stem the tide and speak the truth.
;
But, then, perhaps it may be said, granting all this is
Possi80, what can a bankers' convention do abiut it.
sufficiently
situation
the
bly nothing ; and yet is not
serious to make a remedy the study of so conservative a
body of men. It has been common at these conventions to pass series of resolutions, reciting what every
misappropriated, are not trustees personally liable there-
would the ordinary statute of
1
for;
j
such cases, or
it
is
hold in
limitations
the liability so incurred continuous;
is
the Superintendent's duty to require restoration of
misappropriated funds; would not such misappropriation
demand for restitution was refused, constitute probable
what the Comptroller has so clearly and cause for removal under one of the acts passed during
ably proved, that banks are far too severely taxed. the last session ?
The reply of the Attorney-General shows what
What relief to the banks has this course brought, or
what relief will it bring this year ? None at all. It does was very generally known, that corporations, being
nothing beyond
the
not touch the evil that lies in the popular error that artificial creatures, can do
bankers
the
law
which
creates
them.
It
provisions
of
is
not
poor.
Let
oppressing
the
banks are capitalists
if it is
therefore turn around and become the special champions enough that a certain act is not forbidden
of the mass of the people the producers and show not expressly authorized or if, like payment of neces•briefly, simply and clearly, as it can so easily be shown, sary expenses, it is not involved in performing the corif
•one knows, and
;
that they are the right arm of labor; and, further,
that
all
these
rights talk no
told
them
self -constituted
more sense now than they did when they
-could not be obtained, or
if it
porate functions
pay im n ts
eould, that only a month's
—
it is
Hence the
unlawful.
inquiries
answered affirmatively. No one who has
given attention to the subject has had any doubt of the
illegality of appropriating funds to most of these purposes
but there may have been doubt about the personal liability, and the opinion will be practically useful
in just the way intended, in presenting an unmistakable
notice and warning te any one who needs it.
It is not pretended that any of these
practices
champions of people's put are
that the gold as a basis for specie
;
—
—
—
all
;
time would, be required to undo the work, or if a specie
basis continued longer, that universal depression and
'bankruptcy would follow; show all this in a concise,
-attractive form, and put it into the ban s of every
"voter, and a work will be begun which will in the end are directly a serious injury to depositors.
dinner
revolutionize opinion and revise taxation. Pursue the given annually, or an occasional donation, would
same course on the silver and paper questions. Take up a affect each depositor in an infinitesimal degree.
branch of your country's service that the politicians seem But admitting this, does not dispose of the objec.
to be afraid to take up, providing the material, and then tions to such practices, nor do the objections end
—
A
•
the ways and means for
its distribution.
If we had the
conducting of the matter we should appoint a critical
commit.ee to procure a short article on each of these
subjects, written, not by an economist full of cobwebs
and dust, but by practical business men, members of the
banking profession if possible, and then publish each
-article in
an attractive form
—say
Harper's Handy Volume
for illustration like
with
the
fact
of
makes a
company
When
illegality.
donation
great public calamity, such
to
as
a
insurance
life
by
sufferers
the Chicago
some
the
expediency and even the propriety of the act may not
be utterly beyond question; but the life insurance law
whh
regard to expenditures
is
much
fire,
less strict
than in
case of savings banks, which are merely local institu-
—
series, muslin covers
and circu- tions; and for the trustees to play the benefactor with
volumes freely everywhere. We the money of other's is to practice generosity at the
have the whole argument on our side; it is the truth expense of justice and propriety. Ah the
iversions
that we advocate, and let the country be able t» see one cited, while some of them may be for the furtherance
body of men at least who dare to champion it. The of objects of direct or indirect advantage to ihe institupeople are waiting for just such educators.
tion, are, under the law as it now stands, really abuses of
late
the three
little
•
,
STRICT
the trust.
CONS'l RUCTION
OF THE SAVINGS
BANK LA W.
There
is
The duty
another view which must not be forgotten.
is one which requires not only
of trusteeship
" useful and beneficial, if not absolutely honesty, but clear-headedness and common sense; more
necessary," to give the body of savings bank trustees in than average ability is desirable, and lews than that is
man may have great honesty
the State "a more exact and sharply defined utateram certainly inadequate.
" of the limitations of their powers" in the management and very iittle business ability ; he may have much of
Deeming
it
A
—
August
2,
1879
THE CHRONICLE
]
the latter and little of the former; but one can hardly
have a good head for business and not also have a good
understanding of what is honest and what is not,
although he may not act as well as he knows. Trustees
who do what
complained of are probably not con-
is
sciously dishonest or' consciously false to their stewardYet it is unnecessary to argue the proposition
any part
107
but the suit
in this case does not fall under
brings up the question of liability
for unknowingly permitting misconduct.
If it goes to
;
this provision
and
it
it must establish some precedent.
At
well to have this sort of accountability better
defined and understood.
It is also well to have the
the final decision,
least, it is
Superintendent of Banking execute the law with strictness and care, as the present incumbent evidently is
particularly as he is endeavoring to make
ship is so dim that he does not see the impropriety trying to do
of making presents with depositors' money, has not State guardianship effectual in the way of prevention,
ship.
that
a
man whose
sense
of
the
nature
of
trustee-
;
enough head
on
From
his
shoulders
to
make him a
fit
mental obtuseness might naturally be expected to proceed the
purchase of questionable bonds, the loaning on bad
custodian.
persons
of
which
is
better than cure.
such
THE FRENCH EDUCATION
BILL.
news it appears as if the Education
bill of Minister Ferry was likely to become law in
France. Education in France has never been coextensive with the wants of the people.
It was one of the
weaknesses of the mouarchy and also of the empire that
the education of the people was almost exclusively in
the hands of the church. It was left as a sort of legacy
From our
latest
mortgage security, and other errors of mismanagement.
Broadly speaking, the clear-headed man who manages
his own affairs successfully will be very likely to manage
those of others on like rules and with like success; but
such a man will have no Buch confusion of ideas as will
permit him to urge or to tolerate misappropriation of
funds. The bank whose trustees do misappropriate is to the republic to introduce a system of popular educathat tion, which should be worthy of a great nation and
therefore in a bad way, in this sense and degree
while the misappropriation may be of no consequence in people. After eight years M. Jules Ferry has found it
itself, it proves the control to be in bad hands, and possible to present a measure, which, though not yet all
that could be wished, will be a mighty improvement on
therefore there is an exposure to mischief.
Abuse of trust by trustees of corporations in general the past.
M. Ferry and those who have acted with him see very
not so much by positive malfeasance as by neglecting
clearly that if the republic is to be a lasting success,
is quite
to exercise proper watch over the management
a common evil. The value of the names of well-known the people of all ranks, the lowest as well as the highest,
men in the list of trustees or directors lies only in the must have a proper conception and appreciation of liberty,,
fact that they are supposed to carry into the supervision and also a proper understanding of the rights and duties
In order to possess this, they must be
the same qualities which have made their business of citizens.
Education must be within the reach of a'l;
reputation hence hardly any man acquires noticeable educated.
wealth and commercial position, in society, without being and the French republican, thinks it must be controlled
approached soon with a request to assume this position. by those who are in sympathy with true liberty, and
But to permit such use of his name is to incur a real who have the interests of the republic at heart,
responsibility of a new and special sort, although not or at least by those who are not opposed to it.
yet a well-defined one. It is a tacit but perfectly under- One of the clauses of the Education bill which
stood contract with the public, else the name would is now before a committee of the Senate clause 7
have no va'ue in that connection but the force of the provides that no members of any unauthorized society
contract is less realized than understood. For a man to shall be permitted to teach in the schools. This clause
allow the use of his name merely to help an institution strikes at the Jesuits, whose schools are numerous
along is clearly not right, for he may help it inflict throughout France, and whose members are the most
injury
he is not expected to devote his time to the earnest and indefatigable teachers in the country, butmanagement, but unless he can and does give attention whose influence is not in favor of republicanism. The
enough to keep informed by other evidence than gen- effect of the bill will be to close the Jesuit schools, and
eral assurances from the officers and personal faith in them to make it impossible for any Jesuit to huld the office of
about the condition and to make himself felt in super- teacher. It is not wonderful, therefore, that this parvision, he works a discredit to himself and does a wrong ticular clause of the bill should be particularly obnoxThe legal responsibility for neglect of duty ious to the bishops and clergy generally.
to society.
is undefined yet.
Whether there ought to be a penalty
The contest, in fact, has been fierce and prolonged; and'
for neglect as well as for positive violation of duty, Minister Ferry, while he has pressed the bill forward
admits discussion and is yet unsettled. The interesting with a firmness of purpose which does him credit, has
case, mentioned in these columns at the time of its had to bear a heavy burden in the shape of the maledicorigin, of the suit by stockholders of a failed national tions of the Church.
It is understood that President
bank in the interior of this State, directly raises Grevy is opposed to that clause of the bill which presses
the issue.
Recovery is sought from the directors, so hard on the Jesuits; and it has been hinted thd|t it
—
—
—
;
—
;
;
—
—
of dividends over a certain period which were
not declared and paid but, as alleged, might have
been ; next of the value of the annihilated stock
first,
may be
seriously modified,
later report,
however, has
if
it
not altogether left out.
A
that a Senatorial committee
third, of the assessments collected
of
of nine has been nominated for remodeling the Superior
Council, and that of these, seven are in favor of the bill
the currency under the law.
of
with the anti-Jesuit clause included.
;
by the Comptroller
The ground of the suit
It is evidently
the
by the directors permitted the purpose of the Government to have the bill passed into
officers to wreck the bank by bad and dishonest man- law before the adjournment of the Chambers. If the bill
agement. The banking act prescribes a full personal lia- should pass unchanged, it will be a great triumph for the
bility to stockholders or others, enforceable by a suit republican party.
If it should pass, with the anti-Jesuit
brought by the Comptroller, for all injury sustained, clause left out, it will still be a triumph for the republic
against all directors who " knowingly violate, or know- for it will show that France is controlled at present by
ingly permit any of the officers " to violate the act in men of wisdom and moderation. It may be necessary
course
is
that neglect
',
1
.
.
THE CHRONICLE
103
to incorporate
in
law,
some future
not now, at
if
seems to
be generally thought that such a regulation must be
date, the principle involved in clause
7,
[Vol. XXIX.
for
it
1879.
Merchandise
1878.
1877.
—
Cotton, Mlddl'g Uplands. # B>.
Wool, American XX
$) ».
Iron, Aiiut. pig, No. 1..$ ton.
Wheat, No. 2 spring
$) bush.
Corn, Western mixod..& bush.
11%
32940
ii' 8 li
12
30®38
40*52
50® 18 00
1800
enforced, if the republio is to remain.
1 05® 1 06 106® 108 153® 160
433 45
45® 49
56® 61
I'ork. mess
y bbl. 8 758 8 80 10-65®
14 25®14 40
CASE OF LIEUTENANT-GOVERNOR
BANK MOVEMENTS AND THE MONET MARKET.
LETELLIER.
The city banks showed no great change in their legal-tender
Quebec, we see, is still exercised over the removal reserves until the last week, when there was an increase in the
from office of Lieutenant-Governor Letellier and the legal tenders of nearly $4,000,000, owing to the Treasury disbursements for called bonds. The amount of bonds maturing
appointment of his successor, the Hon. Theodore Robiton the different calls during the month was about $265,000,000.
aille.
Some of the friends of the former propose
The money market worked easily throughout, and Governto have Lieutenant-Governor Robitaille removed by a ment settlements were effected without any disturbance. Call
quo warranto.
It is doubtful, however, whether the loans ranged from 2^@4 per cent and towards the close at 1^
Liberal party will^have recourse to a step, the success of @3 per cent.
.
.
20 00
16
.
THE
It
which must be regarded as extremely doubtful.
seems like a legal quibble to draw a distinction between
the Governor-General in Council and the GovernorGeneral not in Council; but there is much more
sense in the proposal to compensate ex-Governor
Letellier for his loss of office by presenting him
with a money testimonial.
The British Government
could not well have sustained the conduct of Letellier.
It would not do to encourage Lieutenant-Governors to
dissolve local parliaments at will, and without any reference to the wishes of the Governor-General or of the
The
party in power.
precedent, and it
Letellier case
will
government
is
not likely soon
FINANCIAL REVIEW OF JULY.
The month of July has been, in many respects, an eventful
The most favorable predictions of a quiet settlement of
the Government bond exchanges, and a buoyant market at the
Stock Exchange, were more than fulfilled, and during the last
half of the month the activity in bonds of all classes, as well
as in speculative stocks, has seldom been equalled. The four per
one.
cent bonds remaining unsold in the hands of the syndicate
bankers were finally closed out in a single lot of $12,100,000, to
Messrs. J. S. Morgan & Co., of London, and the sale of all the
balance of the loan to snch a prominent house abroad was not
The
its effect.
previous months, were as follows:
U.S. Govemiu't bonds $15,940,850 $11,533,250
1,034,800
1,468,000
Railroad bonds
Bank
40,415,250
1,244
4,470,099
stocks. .shares
RR.&miscel.stks "
.
43,140,355
1,272
5,450,375
June.
July.
$9,413,300 $13,286,200
2,517,500
1,325,000
31,256,790 31,060,140
1,202
1,190
3,215,995
3,588,586
The following summary shows the condition of the New York
Clearing House banks, the premium on gold, rate of foreign
exchange, and prices of leading securities and articles of merchandise, on or about the first of August in each year, from
1877 to 1879, inclusive:
STATISTICAL SUMMARY ON OR ABOUT AUGUST 1, 1877 TO 1879.
1879.
New York
City
Specie
Circulation
Net deposits
Legal tenders
Surplus reserve (over 25 p.cj
Money, Oold, Exchange
—
3
Silver in London, per oz
sterling bills, 60 days
United States Bonds-
Prime
Be, 1881, coupon
6s, currency, 1898
5s, 1881, coupon
4*28, 1891, coupon
a/4%
100
51*8
123%
xl02%
106%
—
Jtailroad Stocks
New York Central & Hud. Kiv.
:*E102%
119
28%
Erie
Mich. Southern.
Michigan Central
Chicago Rock Island
&
Pacific
Central
Chicago & Northwestern, com
Chicago Milw. & St. Paul, com
Delaware Lack. & Western .
Central of New Jersey
Illinois
.
©2%
1
@4
3
100%
805s
8314
139%
89%
7434
64%
62 14
54
®6
4%®6
10538
82% 4 85
54
-4
107%
120%
xl06%
125
1043i
1-1
2
3..
4..
b..
6..
7..
8..
9
10..
11..
12..
13..
14..
15..
109
18%
63
64%
H214
83%
36%
3534
58%
385s
l>i@S
<sWj
3
X
101%
ib'i%
10334
104%
106
104»8 103% 106
101% 123
10134
103% 105% 10134
S.
10438
103% 106
103% 106
16
104
17..
18.. 104 3j
104%
104% 100
106
m
o
2
3
4..
5
6
>.
102
102
102
102%
U.
8.
11
12
13
14
15
16
17
18
19
9713 16
97'5 16
9715 16
971^16
9713 ie
9715 16
106%
106%
x05%
105%
105%
105%
9
10
104% 104
103%
ioi%
101%
104
102
104% 104% 106% 102%
Open i04% 103 3i 106% x01% 123
High 104% 104% 106% 102% 124
104*8 103% 105% 10134 122%
Clos. 104% 104% lOfii^ 102% 123%
S. SECURITIES AT LONDON IN JULT.
123
971 16 106% 109
104%
9715 10 106% 109% 104*4
981,8 106% 108% 104%
983 18 106 '4 109
104%
983 16 106
UK)
104%
106
106
106
106
106
106
123%
8.
3 >>i
4%s
§£§'58 of of
0^= 1881. 1891,
o 3
4%s
98i's
981 is
9713 16
9713 18
9715 16
9715 16
8
102
102
104
122% Low.
5s of
4s of
of
1881. 1891. 1907.
2
..
7
104%
102%
102% 124
102%
102%
101*4 12234
CLOSING PRICES OF CONSOLS AND
3
..
25..
26..
27..
28..
29..
30..
31..
106%
104=8
S.
106%
22..
104% 106%
23.. 101% 104% 106%
24
104% 106%
21
S.
104%
106% 102% 123
19..
20..
Holi days.
»••••
6s,
5s,
4%s, 4s,
68
1881, 1881. 1891, 1907, Cur.,
coup. coup. coup. coup. 1898.
1-5
*04% 103 »4
x01%
104%
106% 101%
106% 101%
104%
104%
104%
104%
104%
108% 104%
109
109
109
109
109
8.
July.
20
21
22
23
24
25
26
27
28
29
30
31
Opening.
109%
109%
109%
109%
109%
109%
105
109%
109%
109%
109%
105
105%
105%
105%
105%
105
S.
9715,6
9715,8
9715,6
9715,6
..
.
109% 104*4 Highest
109% 104% Lowest
4s of
1907.
S.
9713 18 105*4
9713,e 105%
9715,8 105*4
tf^is 105%
98i, 8 105*4
9715,6 105%
108% 104% Highest..
104% Lowest
109% 10434 Closing
109% 104*4 Since Jan. 1
109
105%
105%
105%
105%
105%
105%
105%
97"i6 10614 109 104%
983,6 IO6I4 109% 105%
97lt, 6 x05% 108% 104%
x05% 109% 105%
9J15l6
105%
106% 101
997,6 109*4 110
95%
105
RAILROAD AND MISCELLANEOUS STOCKS.
active and very buoyant after the
The large disbursements of money,
middle of the month.
creating an easy loan market, were favorable to activity, and the
good reports of a large crop of cereals at the West had a stim-
86
112%
IO934
upon
ulating effect
Western railroad
all
stocks.
IN JUNE AND JULY.
-June.
Low. High. J'ne 30. Low.
*88
88
89% 92
RANGE OP STOCKS
'
94%
8%
51%
43
95
6134
22%
24
42%
11%
The whole
tendency of the market appeared to be on the side of higher
prices, and each class of stocks rivaled the others in climbing
up to higher figures.
The following table will show the lowest, highest, and closing prices of railway and miscellaneous stocks at the New York
Stock Exchange during the months of June and July:
100%
109
BMASM
..'.I
3.'£".1
The stock market was
2
523*
4 82%^183% 4 8134-4
IOIS4
4s of 1907, coupon
<fc
1877
260,582,600 238,096,200 249,767,800
19,927,600 17,990,800
14,135,800
20,549,500 19,273,600 15,585,300
243,383,000 219,978,500 219,166,600
54,288,100 58,610,100 54,262,100
13,369,950 21,606,275 13,606,250
1%®3
Call loans
Prime paper
Gold
Lake Shore
1878.
Banks—
Loans and discounts
2
6s,
5s,
4%s, 4s,
6s
1881, 1881, 1391, 1907, Cur.,
coup. coup. coup. coup. 1898.
3
1
May.
July
19.
There was an active demand for all classes of investment
advancing prices. Government bonds, railroad
bonds, and all dividend-paying stocks, were rapidly taken witho ut much regard to prices, and the amount of business done in
this class of securities was very large.
CLOSING PRICKS OP GOVERNMENT SECURITIES IN JULY, 1879.
Stock Exchange, compared with
April.
July
12.
securities at
July.
total transactions at the
p. c...
July
5.
INVESTMENT SECURITIES.
1
to arise from so arbitrary an exercise of authority.
without
Specie
Circulation
Net deposits
Legal tenders
Surplus reserve over 25
Range of call loans
Rate of prime paper
July
$257,082,500 J2C2.951.900 $202,719,800 1260,582,600
19.8«9.600
19.971.508
20.011,700
19,927,600
20,542.900
20.509.900
20.531.600
20,549,500
2JW.007.300 241,328.800 240,154,300 243,383,000
49,544,000
51,301,900
50.508,000
54,288,100
10,432,375
10.941,200
10,182.028
13,369,950
establish a
may be taken forgranted that difficulty
in the matter of colonial
BANK STATEMENTS
N. T. CITT
Loans and discounts
May31.
Railroads.
Albany & Snsq'hanna *91
Bos. & N. Y. Air-L. pf
Burl. Ccd. Rap. & No
Canada Southern
Central of N. Jersey.
Ches. & Ohio
lstpref
do
2d pref
do
Chicago
do
&
Alton
52
6%
84
pref. *111
41*4
42%
36
55
39
50%
54*4
8
5
9%
6%
81%
114
58%
12%
9%
84%
114
'
35
37
56
52%
50%
U2%
11*4
7%
*8%
6%
8%
84% 84
114
U15
-July.
,
High.J'ly31.
92
42
50%
61
55
8*4
92
42
48
54
6
13%
9%
88%
114
88
(115
..
.... .
.
August
..
.
'
THE CHRONICLE
2, 1879. j
M
.
July
Jane.
High. J'ne30. Low. High. J'ly31.
,
1
i
May 31.
Railroads.
Cbic. Bnrl.&Qulncy. 116%
Low.
1
1
u
l
110
119
115% 110
118
109
IMPORTS AND EXPORTS FOR JUNE,
1870.
The Bureau of
Statistics at Washington fnrnishes the fol64% 80% 64% 64%
03% 90* 96>4 06%
90
prof.
DO'i
do
lowing
statement
in regard to the imports and exports of the
T
62% 62% 07 B *66% 63% 74% 74%
Chic. 4 Northwest.
94% 99% 99>s
94% 94% 98>4 x96
pref.
do
United
States
daring
the fiscal year ended June 80, 1879, as
7
Chic, it Rock Maud. 139% 1383s 140% 140%xl37%xl39 e xl39%
12
11
Chic. tst.L.AN.Orl'mj
compared
with
the
imports
and exports of the preceding fiscal
1:1
42
28% 33>a 33% 32
Cbic.St.P.&Mtuneap.
53*8
*2% 50
53% 52>a year.
51% 48
'lev. Col. On. •&
97
100
100
90% 97% 97%
Clev. <b Pittsb., guar. x90 7e
6 78
7 7s
63s
7\
7%
6%
6%
Col. Chic. & Ind.Cent.
The values of the exports of domestic merchandise during
56% 00 Hi 58% 50% 6234 623e
60
Del. lack. A West in
*57%
5538
57%
Dubuque .t Smim x C.
fiscal years ended June, 30, 1878 and 1879, were as follows:
the
"27% 26% 28*2 27% 27% 28% 283g
Erie, $4 assess, paid
A
Chic. Mil.
St.
Paul
50%
;
'l
54%
93%
.
':
<
ii.l.
1
'
do
do
$0
assess, paid
$2 assess, pd
•1
prf..
Erie & Pittsburg
Frankfort & Kokomo
2334
21
423(
Hannibal &8t. Jo....
pref.
do
Houst.
&
Illinois
Tex. Cont.§
Central
Ix>uisvlllo
&
Nash v
50
.
.
Manhattan
&
20
18
41%
37%
155
159
88%
88*4
59
51*2
02%
50
61
45
74%
1134
92
X86%
.
40*2
40
23t
2
41kt
'h
89 >4
4
5
111
00
93
of exports of foreign merchandise during the
years ended June 30, 1878 and 1879, were as follows
fiscal
Year ended June 30, 1878
Year ended June 30, 1879
80k,
51
63 % x53
35
46
3
*75>4
15
733i
1413
x90%
89%
4
84 78
16%
83%
16%
9334
9334
3%
3%
$2,062,709
The values of the imports of merchandise during the years
ended June 30, 1878 and 1879, were as follows
:
Year ended June 30, 1878
Year ended June 30, 1879
$437,051,532
445,792,141
Increase
39
39
2
3
2
121 '4x118%
MO
6
2%
42%
803s
:
$14,150,498
12,093,792
Decrease
72Hl
434
78%
15%
$17,625383
The values
25
45
15
4234
$680,709,268
698,334,951
Increase
20 14
11%
25
x73%
.78%
.
21%
II
Year ended June 30, 1878
Year ended June 30, 1879
31%
31*2
44
155
90%
2<1 pf.
Michigan Central
Mo. Kans. As Texas
Morris & Essex
Naehv. Chatt. & St. L.
N. Jersey Southern
N. Y. Cent. & Hud. R.
New York Elevated
82%
86%
56
56
52 7g
53
40
2 78
Ill
334
7634
3
Cin. 1st pf
do
2234
443e
10%
25
75% x73%
Lako 8hore
Mar'tta
20
1988
54
t59
Keokuk .v Des Moines
pref
do
51%
52
82 >u
261a
2.134
85 %
3
3%
&
5234
xl56
87%
Imliaiiap. Cln. .t Laf.
Joliet
Chicago
Kansas Pacific
30
40%
*158
Harlem
28 7s
493i
The
$8,740,609
total value of the exports of
merchandise from the
117% 119% 119
<131%xl24%xl29 112434 United States during the fiscal year ended June 30, 1879, ex162
164
16% 17% 17% ceeded the value of the imports of merchandise by the sum of
Northern Pacific v
47% 48% 4734
pf.§
do
16% $264,636,602, as against an excess of exports over imports of
13% IS* 13 7b 13k! 17
Ohio & Mississippi...
153s
36
37% 47% 4784
pref.
39% 35 Hi 39
do
150
155 *xl55
149%
Panama
148% 146
merchandise during the preceding year amounting to $257,110% 110%
Pittsb. Ft. W.&C.guar. tll2% xl08% 110%x*09% 109
119 78Xll7 78
183
{129
N.Y.N.H.&Hartfrd •161
X163
.
do
MOO
special.
.
100
Alton
&T.H..
do
St. L.
127%
28%
assented
Kans. C.
do
& 8.
St. L.
&
18%
23%
18%
No.
pref.
23
"
pref.
100
16
7
18
2838
28*4
24%
16%
15
13%
38
•Iti'H
i'i%
7 7e
10%
9
llkl
19%
23 %
17%
45%
*73 %
Union Pacific
United New Jersey
Wabash
37 7s
Telegraph.
American District
68 78
Atlantic
1
11%
10%
1238
22
125
Western Union
Express.
•xl07j<
United States
*x46%
'97
Wells, Fargo & Co....
Coal and Mining.
American Coal
Caribou Consol. Min. v
Consolidation Coal
123
Homestake Mining
33
Leadville Mining §...
Maryland Coal
•138
Pennsylvania Coal.
Mariposa Land & M
6%
. .
.
.
.
99
33%
'
.
pref.
*7
Ontario Silver Mm'g.
Quicksilver Mining
'39
do
.
do
Cent. N.J. L'd
& Imp
Del. <& Hudson Canal
N. Y. Life & Trust Co
Pacific Mail
Pullman Palace Car
Sutro Tunnel Co
69%
40%
80
116
75%
*14%
20
30
10
142
33%
50%
15%
4%
93%
33
38%
14%
36%
35
15
45
300
14%
82
33
6%
6%
39% *x37
7%
7%
39%
37
2%
*13
*160
152
4
'4%
*4%
'38%
6%
38%
14
36
38%
35
X31% x25 7b
16
44
'38%
38%
2%
152
4
51%
18%
82%
35%
90%
103%
6%
•20
*x37 78
•2%
•13
•150
•38
31% X29%
41
46%
50%
50
14
15%
*369
15
88%
91
141
*15
48%
15%
82%
189
*
EXCHANGE.
In the earlier part of the month prices of foreign exchange
showed some steadiness, but afterwards, with the shipments of
Government bonds abroad, and the prospects of very heavy
shipments of produce during the Fall, prices declined materi-
2(j'.»,
60 days.
1871..
1872...
1873...
1874...
1875...
1876...
,284; 100
525 ,582, 247
r,Si> ,670, 224
680, ,709, ,258
li)!l
1877...
1878...
1879... 098 ,334 ,951
*
...
...
...
...
...
exports.
357,436,440
417,500,379
435,958,408
520.223,084
620,595,077
642,130,210
567,406,342
533,005,430
400,741,190
451,323,126
437,051,532
445,792,141
72,716,277
85,952,544
101,254,955
75,483,541
131,388,682
43,180,040
77,403,500
182,417,491
It '.1,050,288
•18,870.098
19,562,725
•79,643,481
151,152,094
257,814,234
20 1. 636,602
Excess of exports over imports.
The imports and exports of
year were as follows
Exports of coin and bullion
Imports of coin and bullion
coin
and bullion during the
Demand.
July.
60 days.
$24,996,641
20,293,000
$4,703,641
During the preceding
fiscal
year the exports of coin and
bullion exceeded the imports of coin
and bullion by the sum^of
$3,918,811.
view of the relative value of the imports and exports of
and bullion during the last fifteen years is shown in the
following table
:
GOLD AND SILVER COIN AND BULLION.
Exports.
Year ending
June 30—
Domestic.
1805...
1866...
Demand.
4-86
4-86
10... 4-86
17 ... 4-86
®486% 4-88 ®4'88%
18
©4-86% 4-88 <2>4-88% 19
®4-86% 4-88 ®4'83% 20
....
21
Holl days
.
.
.
22
23
24
25
26
27
28
29.
30.
31.
.
®4-86% 4-88
®4'86% 4-88
34-86% 4-88
®4-86% 4'83
®4'86% 4-88
®4'86% 4-88
@4-S8'v
©4-88%
®4-88>s
®4'88%
@4-88%
©t'88%
.8
a>4-86% 4-88
®4-86%
4-88
a>4-86% 4-89
®4-86%
4-88
®4-88ij
.
.
.
8t'%®4
83%a>4
84 ®4
84 ®4
84 uA
84 «!
4'87%8>4-38
86
4'87%»4'88
85% 4-86%®4'87%
85
85
85
SB
83
.8.
.
.
si;
.8
.
.
3..
85%®4
85%@4
83
83
83
83
®4-88%
®4-*-8% Range 4-83
3>4-88%
4-85%®4-87
®4'87
®4-87
®4-87
®4-87
4-86
4-80
4-86
4-86
83% 4-85 ®4-85%
®4 88% 4-85 S>4-85%
®4 83% 4'85 ®4'85%
®4 63% 4-85 ®4'85%
«>4
last
:
Exccssof exports
1867 ...
1868
1869...
1870
1871 ...
1872
1873 ...
1874
1875...
. .
4-86
4-86
3... 4-86
4...
5 ...
6...
7 ... 4-86
8... 4-86
9... 4-86
10... 4-86
11 ... 4-86
12 ... 4-86
13
14
15
Imports.
Total
Exports.
Imports.
Excess of
Exports
over
Imports.
Foreign.
$
BANKERS' STERLING EXCHANGE FOR JULY, 1879.
1
2
Excess of
over
iiiipni is
Ex Ports.
|
12,562 9991281 952,899
10,951 0001286 117,697
16,155 ,295393 771,768
14,421 ,270442 820,178
15,690 ,455 444. 177,586
17,446 ,483,522 479,922
16,849, 619 586 283,040
14,158 611 513 442,711
14,802 424 540, 384,671
12,804 <li)0 002, 475,220
14,150 498 691, 805.760
12,093 792 710, 428.743
:tso, 800
275, 166, 097
370 610. ,473
428, 3!IS, 90S
42M. 487, 131
505, ,033, 439
561) 433, 421
ally.
July.
Foreign.
136. 940, 248 29,089, 055166, 029,303 233,745,580
337, 518, 102 11,341, 420348 859,522 434,812,060
279, 786, SOil 14,719, 332,394 506,141 395,761,096
1865...
1866...
1867...
1868...
1809...
1870...
A
4%
4%
Total
ending
June 30 Domestic.
coin
4%
exhibited in the
MERCHANDISE.
Prices bid.
t Prices asked.
{ Ex-privilege.
§ This stock was sold
for the first time at the N. Y. Stock Exchange on July 30. Hence, the
range here given for July covers two days only.
4%
is
:
Year
4%
4%
table
fiscal
40
'365
366
x
6%
*15
15
y
41% •40
15% •13%
40
and the exports of
of the relative value of the imports
7
84
22
155
•
47%
46% 48
46% 48% 47%
x90% 100 x97%
100% 100
5
24
38% "37%
103% 107
49% x*46%
48% 47
14%
11%
145
89%
x93
20% following
9%
78%
65
A view
merchandise during the last fifteen years
193s
26
125
37%
814,234.
53%
10%
35
75
...'
34% x29
*44
x58%
65
37
107 7s 105%
4
pref.
Standard Cons. Mini'8
Various.
Canton
105
x46%
46%
48
American
x76%
79
'
20
5338
8
143
142% 142% *142
36% 35
35% 38
64
41
35%
*80
80
11458 x91
. . .
A Pacific...
Gold&Stock
Adams
74
28%
I !'.,
87
Stonington
t»%
U8%
28 %
9=8
22
100
24
8>4
28 >4
41%
1st prof.
102
24
28%
28=8
17 %
Francisco.
do
do
18
8
U9%
prof.
St. L. Iron Mt. & 80.
*101
100
13*8
til
do
171 *xl64
xl00% 105% xlOl
Renssel'rAi Saratoga
Rome Wat.& OgdeiiB.
St. L.
190
. .
.
.
. .
1876...
1877
. .
1878...
1879
.
.
$
643,226 9,816, 67257,833, 154
3,025, 102
044,071 10,700 092 75,343, 979
82,643 374 3,400, 697
808,372 22,070 475'38,797, 897
54,976 196 5,892 176
7SI.112 14,188! 365179,595 734
83,745 975 10,038 127
138,380 19,807 876|37,330 504
42,915, 90614,222 414
155.660 26,419 179 31,736 487
43,883, 802 14,271 864
,441,988 21,270, 02477,171, 964
84,403 359 14,038 029
"7.
77 «j'l?
13,743,
689 66,133 845
,877,534
72,798 240' 7,079 294
73,905 546 10,703 023 84. ,608.574 21,480 937 63,127 637
59,699 680i 6,930 719.00, ,630,405 28.454 906 38,175 49»
83,857. 129! S.275, 013'92 ,132,142 20,!»OO 71771,231 425
50,038 69ll 6,467 Oil 56 ,500,302 15.936 681 40,569 ,621
43,134 738 13,027 499 56 .162,237 40,774 414 15,387 ,823
27,001 8851 6,678 240 Si; ,740,125 29,821 ,314 3,918 811
17,554 235 7,442 40024 ,996,641 20,293 ,000 4,703 ,641
64,618, 124
The following
is
a statement showing, by customs
districts,
the values of merchandise imported into and exported from th»
®4'86%4'85 ®488%
United States during the month of June, 1879:
.
3
..
.
THE CHRONICLE
110
Customs
Texas
Mich
Galveston, Texas
Huron, Mich
Corpus
Christi,
Detroit,
Key
West, Fla
Milwaukee, Wis
Minnesota, Minn
New Haven, Conn
New Orleans, La
NewYork.N.Y
Niagara. N. Y
Norfolk, &e.,
Va
Oswegatohie, N.
Y
Oswego, N. Y
Passamaquoddy, Me
Pensacola, Fla
Philadelphia, Pa
Portland, etc., Me.
Puget's Sound, W. Ter.
Riclimond, Va
Saluria,
Foreign
Domestic.
Baltimore, Md
Boston, &e.. Mass
Brazos, etc. .Texas
Buffalo Creek, N.'Y
Cape Vincent. N. Y
-Chumpluin, N. Y
Charleston. 8.0
Chicago, Ills
•
Exports.
Imports.
Districts.
Texas
San Francisco, Cal
Savannah, Oa
Vermont, Vt
Wilmington, N. C
All other districts
Total
$3,970
77,506
79,080
498,632 $3,368,101
325,299
4,562,525
114,376
107,292
213,710
23,552
33,769
83,487
204,723
5,906
129,477
236,310
63,045
is, hoc
33,775
121,599
57,151
5.000
7,227
248,099
61,058
115,354
16,410
350,725
12,371
42,281
88,223
5,107
60,216
201,614
1,398,731
2 ,097,430 25,798.062
4,361
312,373
490
253,659
19.217
94,180
346,163
123,573
62,123
38,637
15
53,280
,111,869
4,398,105
148,012
76,190
1,113
44,327
2,847
96,486
4,090
59,050
1,488,68^
,989,130
76,300
47,944
366,233
80,000
5,020
226,128
725,314
228,794
2,203
418,393
8,189
$38,909,645 $44,352,800
$709,573
2,265
7,758
20,3s*
2,575
671
"7,257
16,315
1,399
25,585
98
MERCHANDISE.
of
June.
For the 12
months ended June 30.
$44,352,800 $698,334,951
12,093,792
709,573
$45,062,373 $710,428,743
38,909,645 445,792,141
$6,152,728 $264,636,602
Total
$45,667,210 $680,709,268
14,156,498
1,067,688
$46,731,898 $694,865,766
35,506,288 437,051,532
$11,228,610 $257,814,231
GOLD AND SILVER (COIN AND BULLION).
1879.— Exports—Domestio
Foreign
Total
Imports
Excess of exports over imports.
Excess of Imports over exports.
1878.— Exports—Domestic
$2,539,489
499,449
$3,038,938
1,573,649
$1,465,289
$17,554,235
7,442,406
$24,996,641
20,293,000
$4,703,641
$2,563,624
$27,061,885
6,678,240
£33,740,125
29,821,314
$3,918,811
938,601
Foreign
Total
$3,502,228
1,456,056
$2,046,172
Imports
Exeess of exports over imports.
Excess of imports over exports.
TOTAL MERCHANDISE AND SPECIE.
1879.— Exports— Domestic
$46,892,289 tain sso is^
1,209,022
19,536,198
$48,101,311 $735,425,384
40,483,294 466,085,141
$7,618,017
Excess of exports over imports
Excess of imports over exports
1878.— Exports— Domestic
2.006,292
2o!834/738
$50,237,126 $728,605,891
36,962,344 466,872,846
$13,274,782 $261,733,045
Total
Imports
Excess of exports over imports.
Excess of imports over exports
Anthracite Coal Trade.— At the regular auction sale of
Scranton coal by the Delaware Lackawanna & Western Railroad
Company, which was held Wednesday, 50,000 tons were disposed of. Before the sale began, the agent of the company
announced that the quantity offered would about cover all the
coal which the company would have to deliver in August. It
is reported, as it has usually been of previous sales, that the
rices were bid up for speculative effect on the coal stocks;
f ut to what extent this is done can not easily be ascertained.
The following table shows the prices received, as compared with
those obtained at the sale last month
Av. price
A v, price at Advance
on amount
June 25 from June
"Tons.
Range of prices.
sold.
sale.
sale.
15,000 grate
$2 30 ®
$2 30
$2 1778
.121s
5,000 egg
2 45 »..-'..
2 45
2 2H4
.23%
25,000 stove
2 75 111 12^
2 74ia
2 56
.18ia
5,000 chestnut 2 55 &2 57J-2
2 56 H
2 37ia
.18%
:
.
Time.
Amsterdam
Antwerp
Rate.
120% ®121%
Short.
3mos. 25-45
Hamburg
. .
Frankfort
.
Time.
Rate.
1203
July 10 Short.
July 10
25-29
25-2913
20-60 ®20-64
July 10 Short.
20-59 ®20-64
20-59 ®20-64
233 16 ®233,»
July 8 3mos.
11-80 Sll-8212 July 10
46%®47
July 10
M
U
.
St.Petersb'rg
II
it
Madrid
20-45
23%
11600
47-80
47 ®47ie
Genoa
28-07Lj®28-12ia July 10 3nios.
Lisbon
Bombay
©25-50
EXCHANGE ON LONDON.
Latest
Date.
Short. 25-26i4®25-36l4 July 103nios. 2.V42>2®25-47is
Paris
Paris
Berlin
....
Calcutta ....
Hong Kong
90 days
60 days
51?8 ®52i8
Is. 715 16 d.
Is. 7i5i 6d.
.
Shanghai
July
July
July
July
27-65
12 6 in os.
12
Id
10
Is. 83i„d.
Is. 83 J6 d.
3a. 9 Sad.
5s. 2igd.
[From our own correspondent.]
London, Saturday, July
The weather has been
[Corrected to July 25, 1879.1
For the
On-
11.
Cadiz
135,924
the imports
and exports of the United
the month ending June 30, 1879, and for
twelve months ending the same, compared with like data for the
•corresponding periods of the year immediately preceding.
month
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
July
for
Exports and Imports.
l$Xouetixvrss(&0mmzvcinl Huglisft |£ews
EXCHANGE AT LONDON—
Below are
States
Vol. XXIX.
less
unsatisfactory,
19, 1879.
and there are
renewed hopes that the harvest will not be so deficient as had
been expected. The rainfall during the week has been quite
light, but the weather has not been forcing, and, consequently,
the progress of the crops towards maturity has been slow. A
decided improvement, however, is apparent, and a good deal of
hay has been carted and stacked, though not in very good
condition. The result of the more propitious weather on the
wheat trade has been an increase, or rather a revival, of caution
in buying, and as New York prices are quoted lower, the tone
of the market is less firm. The supplies of home-grown produce are now falling off, but they are still in excess of last year.
The quality, however, is poor, and fine parcels are therefore
held with firmness; but the abundance of foreign produce,
actual and prospective, prevents all excitements in the trade,
and although we have been passing through a period of considerable anxiety the advance established in the value of wheat
has been slight. American wheat, in fact, shows but a trilling
advance, and hard dry Russian produce exhibits an improvement of only about five shillings per quarter. The demand for
the latter quality of foreign wheat is usually strong, especially
in seasons when the crops in this country are harvested in poor
condition. It is much sought after for mixing purposes, and is
purchased largely by millers in preference to other sorts. The
supply also is restricted, and France is a large buyer as well
as ourselves. The probability is that our imports of Russian
wheat in the coming season will not be very large. They will
not be inconsiderable, but it is doubtful if reliance can be
placed upon Russian growers for the larger supply which we
shall require. The crop in the Northern Provinces is likely to
be a small one, owing to a protracted winter and subsequent
drought. In the South, however, the crop is said to be excelThe German railway companies, however, are unwilling
lent.
to lower their charges, so as to allow a cheap and quick exit by
way of Konigsburg and adjacent ports, and, consequently, freer
shipments will be made via the Black Sea. But if Russian and
Greek merchants discover that the needs of France will be considerable (and of this there seems to be no doubt), Russian wheat
will be largely absorbed at Marseilles, and the expense of a
longer journey to this country will be saved. Besides which,
it is the opinion that Spain, Portugal and Italy will also be
compelled to import, and it is therefore obvious that the Mediterranean markets will be a larger absorber of Russian produce
in the coming season, and that Great Britain will certainly have
to look chiefly to America for supplies.
Bad trade leads to an augmented consumption of bread, as
bread is the cheapest means of subsistence in adverse times.
The accounts from the manufacturing districts are still very
unsatisfactory, the stoppage of mills being very frequent.
Judging from present appearances, the prospect for next winter is very discouraging, and it is quite possible that, if the
weather should be severe, there will be much distress. Good
bread can now be obtained for 1}%&. per lb-, and besides its
being possessed of great power of nutrition, it has also the
great advantage of being cooked well; quite ready for consumpBut, in addition to an augmented consumption arising
tion.
out of the commercial distress which prevails, more bread is
likely to be consumed, owing to the disheartening reports which
are received regarding the potato crop. The heavy and protracted rains of the last few weeks have injured the crop
—
:
August
2,
1879
THE CHRONICLE
]
and had they continued, the crop would in many
The
have proved to be an almost total failure.
absence of rains, however, for nearly a week has encouraged
growers to expect some improvement. A correspondent writing
to the Dai'-y News says that the consumption of potatoes in
seriously,
localities
England
is
so great that in the course of the last three years
,
111:.
Pit emit.
Joint-stock hanks
Discount houses at call
do
with 7 and 14 days' uotlc* of wlthdrawaV
X
...
t
:::
Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of eonsols,
the average quotation for English wheat, the price of
we have imported something like 600,000 tons.representing a total Middling Upland cotton, of No. 40 male twist, fair second quality
value of nearly £2,600,000, the weekly consumption of London
alone being equivalent to 5,000 tons. Every country of Europe
contributes more or less to the supply, but the largest quantities are imported from France, and the reports from there are
the reverse of encouraging. It is estimated by a very competent authority that even if the rain ceases at once the potato
crop will be a very bad one, and that the yield will not exceed
60,000,000 sacks (three bushels each), while the consumption in
France averages about 75,000,000 bags. It follows, therefore,
that if this estimate proves correct, the French will have to
The districts in which the most
import instead of export.
potatoes are grown is the Vosges and the country about
Cherbourg, and it is in those districts that the rainfall
has been particularly heavy. Another correspondent in reply
says that the larger quantity of potatoes imported into this
country is from Germany. For a few weeks about June we get
potatoes from Cherbourg; but as soon as they ripen here our
trade with France ceases, and then large quantities are brought
from Germany between the months of August and the following May. According to the Board of Trade returns, our
imports of potatoes into the United Kingdom amounted last
year to 8,751,174 cwt., against 7,969,136 cwt. in 1878, and 6,031,341 cwt. in 1876. In the first six months of this year, they
were only 3,039,823 cwt., against 6,311,993 cwt. in 1878, and
2,596,587 cwt. in 1877.
The
countries'
whence we received those
supplied are not designated.
From the hop plantations the accounts are very unsatisfactory. The plant, as might be expected, is very backward, and
only a small crop is anticipated. Warm nights are much
wanted to stimulate the growth.
The money market during the week has been characterized
by renewed ease, and the discount houses have had under
discussion the subject of reducing their rates of interest for
They have not as yet done so, but they are refusing
fresh deposits, and this course suits them better under the
circumstances. The trade of the country continues very slack,
and reports are current of further difficulties in the iron trade.
and the Bankers' Clearing House Return, compared with the
three previous years
1879.
Circulation, Including
hank post bills
Public deposits
Other deposits
Onvemm't securities.
Other securities
Kcs'voof notes & coin
Coin and bullion in
numerous
failures are probable.
This is by no means unlikely,
as traders wanted a good season and reasonable facilities in
order to place themselves in a sounder position, and they have
enjoyed neither.
At the present time money
cheap, because
capitalists are only willing to lend on the soundest securities;
but the holders of these do not require assistance, preferring to
work with caution and within their means. This is the result
of the want of confidence which prevails, and a way of escape
out of this state of things has yet to be discovered. Had the
weather been favorable for the harvests, it is believed that some
improvement would have taken place; but as it has been cold,
wet and unpropitious, not only has the agricultural prospect
suffered, but the manufacturer and the retail trader have experienced heavy losses, owing to the absence of the fashionable
" seasons." The last " new things" have not attracted the attention they usually meet with in bright summer weather, and
every shopman finds a difficulty in moving his goods. He has,
no doubt, curtailed his purchases, but such a course obviously
affects the manufacturer, and one reason is thus afforded for
is
4,049,541)
4,767,974
22,900,880
17,073,510
18,842,837
0,328,120
1,228
10,740.642
17,010,344
21,137,027
33,.', 1
1870
1877.
M
t,
28,073.517
»
28 070 "90
28,004,00.1
24,032.34.1
4,732'l74
28 5.10 404
15,880,088
18.240,551
14.031,002
17 •'l~'l l«:
18.984 701
5,3.11
,
;,| I
15,388/777
both departments.. 35,446,007 22,003,801 27,020,092 32,293,976
Proportion of reserve
to liabilities
34-30
55-70
40-32
.10-55
Hank rate
2 p. o.
2>y p. c
3>sp. c.
2 p. e.
Consols
97'g
O-iag
Oil's
Ofl'«
Kng. wheat, av. price.
43s. 4d.
44s. 8d.
C2s. 3d.
48s. 5d.
7ad.
Mid. Upland cotton...
0'»i«d.
7'itfl.
5%fl
No. 40 mule twist
lod.
lOM.
loUd.
ln'i.l
Clearlug-IIouseretui-nl04,999,000 123,727,000 115,403.000 101.001,000
There has been very little demand for gold for eiport, and
all our importations— which have been small— have been
purchased by the Bank of England. The silver market has
been steady, and Mexican dollars have been held at previous
rates. The Council Bills were sold on Wednesday at Is. 7 13-1 6d.
The following prices of bullion are from Messrs. Pixley &
nearly
Abell's circular:
GOLD
Bar gold, flno
Bar gold, rellnablo
s.
77
77
73
73
70
76
per oz. standard.
per oz. standard.
peroz.
peroz.
peroz.
peroz.
Spanish doubloons
South American doubloons
United States gold coin
German gold coin
silver.
Bar silver, fine
Bar silver, contaiu'g 5
Cake silver
Mexican dollars
grs.
Chilian dollars
Quicksilver,
gold
markets
£5
17s. 6d.
Open
rate.
market.
Pr.
1%®159
2^
8*8.
Berlin
3
3
3
l Tg®2>s
3H
2
®2U
\^H2hi
4
2 ®2*4
2Hi®238
3 ®3ia
3
3
3
S's®
3>2»
3>4®
d.
d.
per oz. standard. 5 1 4j ®
peroz. standard. 52's 9
peroz. r»r»':> ir «
....
....
peroz. ->o'
3
per oz. oO'io ®
Discount, 3 per cent.
....
....
...-
rates of discount at the prin-
Bank
rate.
Pr. ct.
ct.
2
Genoa
Geneva
9
(I
:
Amsterdam
Frankfort
l^ipzig
d.
10>aa>
,
Paris
Brussels
Hamburg
s.
3>
i
Bank
Pr. ct.
d.
:
The following are the current
cipal foreign
deposits.
Indeed, some venture to say that as money is difficult to procure,
and as trade has been bad and profits have been very small,
1878.
'
S,
29,073,298
.
New York
Pr. ct.
4«a
4 »4«»
•Hdu 13,
4
4
5
5
5
Petersburg .
Vienna & Trieste.
Madrid, Cadiz &
Barcelona
Lisbon & Oporto.
St.
Open
market.
95
®6
JLj-z-llfl
6
Calcutta
Copenhagen
4
-84ta
4
»4 1a
The exports of live stock from the port of Montreal to the
United Kingdom during the first six months of the present year
comprised 10,580 head of cattle, 3,428 sheep, and 1,079 pigs;
against 4,236 cattle, 2,326 sheep, and 769 pigs in the corresponding period of last year. Many of the cattle shipped last year
were purchased in the Chicago market, whereas this year the
shipments have been confined to Canadian stock, owing to the
embargo laid upon United States cattle in consequence of the
prevalence of pleuro-pneumonia.
Messrs. Morton, Rose & Co. have offered for subscription
£132,100 5 per cent sterling debentures of the city of Toronto,
at par. The total existing debenture debt now amounts to
£1,088,210.
Five railway dividends have been announced during the past
week, and they all justify the unfavorable estimates which
were formed. The London & Brighton and the South Eastern
two of the most prominent passenger lines only pay 3 per cent*
bad trade. Another reason is that the country is poorer, or, at being a reduction of 1 % and 1 per cent respectively. The former
all events, money is in fewer hands, and less is spent.
This will also carried forward £10,000 less than in 1878. The Metropolicontinue in operation as long as there is so little confidence.
tan dividend is maintained at 5 per cent, but that of the ManThe demand for money during the week has been very chester Sheffield & Lincolnshire—one of the less important of
moderate, and to-day the inquiry is very slack. The rates of the so-called " heavy" lines— is only
per cent, as against 1%
interest have been reduced, and, as the weather is finer, a very per cent per annum. A dividend of }& per cent was expected for
easy money market is anticipated. The rates of discount are the first time in the case of the Great Eastern, owing to the
easy as follows:
exceptional development in that company's receipts; but here
also the result is disappointing, no dividend having been
Per cent. Open-market rates—
Per cent. declared, while a balance of only £18,000 is carried forward to
Bank rate
2
4 months' bank bills
Ufal'a
Open-market rates—
6 months' bank bills
l'gSl^ the next account. That is to say. thj increase of £36,500 in the
30 mid co days' bills.
4 & 6 mouths' trade bills. 2 ®2>3
3 months' Mils
traffic receipts has been almost entirely absorbed by increased
's®!
working expenses and preference charges.
The joint-stock banks and discount houses are reluctant to
The directors of the Direct United States Cable Company
take fresh deposits, and the latter have to-day reduced their have declared a final dividend of 5s. per share, making, with
terms. The quotations are now as follows:
previous distributions, 5 per cent for the year. A sum of
—
%
:
THE CHRONICLE
112
£34,756 has also been added to the reserve fund, increasing it
to £190,000, and a balance of £2,345 carried forward.
During the week ended July 13, the sales of home-grown
wheat in the principal markets of England and Wales
amounted to 27,727 quarters, against 15,661 quarters last year;
and it is estimated that in the whole kingdom they were 111,000
Since harvest the
sales in the 150 principal markets have been 2,378,097 quarters, against 1,760,558 quarters; and it is computed that in the
whole kingdom they have been 9,512,400 quarters, against
quarters, against 62,700 quarters in 1878.
7,042,230 quarters in the corresponding period of last season.
[Vol. XXIX.
=
!
NEW YORK FOR THK WEEK.
FOREIGN IMPORTS AT
1876.
$2,048,845
3,119,884
1877.
$1,596,105
4,621,498
1878.
$1,609,405
3,371,254
$1,814,707
4,353,706
Total week
$5,168,729
Prov. reported.. 170.095,460
$6,217,603
190,327,623
$4,980,659
158,778,213
$6,168,413
170,784,479
Dry Goods
General mdse...
1879.
Tot. B'ce Jan. 1.. $175,264,189
$196,545,226 $163,758,872 $176,952,892
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July
29:
EXPORTS FROM
NEW YORK FOR THE WEEK.
1876.
For the week... $4,790,941
Prev. reported.. 143,952,985
1877.
1878.
1879.
Without reckoning the supplies furnished ex-granary at the
$5,140,795
$7,460,868
$6,512,830
150,244,782 189,593,815 176,526,929
commencement of the season, it is computed that the following
quantities of wheat and flour have been placed upon the British Tot. s'ce Jan. 1 .$148,743,926 $155,385,577 $197,054,683 $183,039,759
The following will show the exports of specie from the port
markets since harvest:
of New York for the week ending July 26, 1879. and also a
1878-9.
1877-8.
1875-6.
1876-7.
Imports of wheat. cwt. 42.578,295 49,764,390 37,824.179 47,305,069 comparison of the total since January 1, 1879 with the corre.
Imports of flour
7,903,330
7,384,302
produce
41,220,320
31,174,700
Total
91,701,945
88,323,392
76,768,072
86,860,071
1,543,979
784,142
874,820
Sales
of
6,023,393
5,508,402
32,920,000
34,046,600
Deduct
exports
wheat and flour
of
1,643,518
Kesult
90,058,427
86,779,413
75,983,930
85,985,251
Av'ge price of English
wheat for the season.
40s. 8d.
50s. 8d.
53s. 3d.
45s. lOd.
Annexed are figures showing the imports and exports of cereal
produce into and from the United Kingdom since harvest, viz.,
from the 1st of September to the close of last week, compared
with the corresponding period in the three previous years
IMPORTS.
1878-9.
Wheat
1877-8.
1875-6.
1876-7.
cwt. 42,578,295
9,494,886
10,041.767
1,479,987
1.500,209
32,886,452
7,903,330
49,764,390 37,824,179
12,684,755 12,000,719
10,853,198 10,281,212
1,558,956
1,208.353
2,612,790
4,019,359
32,572,660 30,426,781
7,384,302
6,023,893
EXPORTS.
Barley
Oate
Peas
Beans
Indian corn
Floor
1878-9.
Wheat
Pe*s
Beans
Iadian corn
Flour
47,305,069
7,641,086
9,924,551
1,319,296
3,526,259
25,506,362
5,508,402
1875-6.
1876-7.
1877-8.
cwt. 1,516,743
105,798
95,157
24,337
15,747
438,535
126.775
Barley
Oats
846,535
23,538
352,309
38,284
9,310
48,555
28,285
742,972
48,999
85,212
22,430
27,322
462,036
41,170
1,463,689
55,964
115,025
19,021
19,240
221,752
80,290
BuKliah market Reports— Per Cable.
The
daily closing quotations in the markets of London and
Liverpool for the past week, as reported by cable, are shown in
the following summary:
London Money and Stock Market.—The bullion in the Bank
of England has increased £273,000 during the week.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
Silver,
peroz
Consols for money
Consols for account
U. 8. 5sof 1881
V. S. 4%s of 1891
U. 8. 4sofl907
common stock
Erie,
July 26.July 28.July 29.July 30. July 31.
517, e
51*3
si%
51%
51%
97i» 18 97i6 ts 97i&i« 9715 1B 97is, a
9715 I6 9715 16 97V6 10 971B 16 971& 16
105% 105% 105% 105=8 105%
109% 109% 109% 109!% 109%
105
105
105% 105% 105%
d.
28%
90%
Illinois Central
Pennsylvania
Philadclphia& Reading.
d.
91
41
92
92
92
4,1%
41%
California club.
.".
Corn,mtx,sft,oId,$cent'l
Prime.new
"
s.
d.
80
93
97
91
99
6%
5%
4
4
d.
s.
Pork,West.mes8..$bl>1.47
Bacon, long clear.cwt.. 25 G
Shortclear
" ..26
Beef pr. mess, $ tierce
Lard, prime West, flcwt.31 3
Cheese, Am. oh.new " 34
Tues.
d.
s.
47
26
26 6
Wed.
8.
d.
s.
London Petroleum Market.
48
26
26
6
48
26
26
Pet'lomn, ref.»gal...
Pet'leum, spirits " ..
-a
..
®
..
31
33
6
—
Mon.
Sat.
6%®
.. ®
Suovia
—Str. Britannic
26—Str.
Mosol
o'n
Am. silv. bars.
Fr. silver coin,
(5 francs)....
Am. silv. bars.
London
Liverpool
Paris
6
,641,309 silver, and $1,939,768 gold).$ll, 581,077
Same time in—
Banna time in$9,246,927 1874
$34,087,250 1870
$37,797,903
38,109,050 1869
21,863.328 1873
21,926,506
54.861,039 1868
37,500,958 1872
59,688,157
51,503,016 1867
58.113,729 1871
371427,856
The imports of specie at this port for the same periods have
been as follows:
Same time in—
July.
21-8tr. Mosel
22—Str. Colon
22—Brig Edwin Bowe
24— Str. Acapulco
Bremen
Trade dols
Aspinwall
Am. gold
..
..
..
@
..
Thurs.
6%®6%
».... 9
..
....
$60,931
Foreign gold ...
Gold bars
Ciudad
Aspinw'll&Pan'ma.Am. silver
Gold dust
•
Silver bars
24 -Str. Saratoga
26- Str. Santiago
Havana
Foreign gold..
Cienfuegos
Am. silver
Am. gold
Total for the week ($69,161 silver, and $11 .970 gold)
Previously reported ($5,210,604 silver, and $729,099 gold)
Tot. since Jan. 1, '79 ($5,279,765 silver,
Same time in
Same time in—
and $741,069
250
250
8,884
3,743
1,990
900
500
3,587
96
. .
$81,131
5,939,703
gold). .$6,020,834
Same time in—
1870
$7,360,688
1869
9,784,778
1868
4,264,010
1867
1,743,562
The following is a statement of the Comptroller of the Currency, showing the issue and retirement of national bank notes
and legal tender notes, under the Acts of June 20, 1874, and
1878
1877
1876
1875
$13,932,429
7,699,160
2,593,492
7.976,071
1874
1873
1872
1871
$3,041,822
2.885,088
2,790,931
7.424,449
14, 1875, to August 1, 1879:
National Bank Notes—
Outstanding when Act of June 20, 1874, was passed .... $349,894,182
$4,734,500
Tssued from June 20, 1874, to Jan. 14, 1875
2,767,232
Redeemed and retired between same dates.
January
.
,..,
1,967,268
$351,861,450
S87.859.973
64,489,266
Decrease from Jauuary 14, 1875, to date
80
92
96
91
99
4
Greenbacks —
deposit in the Treasury Juno 20, 1874, to retire notes
On
of insolvent
7%
and liquidating banks
88,873,486
Circulation redeemed
92,687,161
by Treasurer oetween same dates,
$79,381,804
without re-issue
49
25 6
26
On deposit
$13,305,357
at date
Retired under Act of January 14, 1875
Outstanding at date
31
$35,318,984
346.681.016
Attention is called to the dissolution of the old and wellknown cotton firm of Ware, Murphy & Co., by the retirement
of Mr. H. H. Ware from active business, and the organization of
the house of Schroeder& Johnston as the successor in conducting
a general cotton business. The old firm was organized in 1869,
and Mr. Schroeder, the senior member of the new firm, was
with the house from the start, while Mr. Johnston has also had
an extended experience, thus insuring all interested that the
new firm will have the capacity to maintain the enviable reputation of its predecessor.
—The Second Avenue R. R. Co. has just issued $150,000
depot bonds, 6 per cent interest, due in ten years. The bonds
are a first mortgage on the new depot, which cost $400,000.
They are offered at par.
—The Illinois Central Railroad Company has declared their
usual semi-annual dividend of 3 per cent, payable on September
1, 1879, to all holders of capital stock of said company as
registered to August 13th.
.'
—
33
Fri.
'.'.
* Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $6,168,413, against $7,533,843 the preceding week and $4,741,393 two weeks previous. The exports
for the week ended July 29 amounted to $6,512,830, against
$6,748,315 last week and $5,878,670 the previous week. The
following are the imports at New York for the week ending
(for dry goods) July 24 and for the week ending (for general
$3,813,67^5
Deposited from June 20, 1874, to date, to retire national
banknotes
Fri.
®6%
®
9 .... 9
$23,370,713
$328,490,737
Outststanding at date
d.
6
31 "6
33
"(5
Wed.
Tues.
..
31
33
1,000
13,200
1878
1877
1876
1875
Total redeemed and surrendered
Issued between same dates
4 6
48
26
26
6
,500
Tot. since Jan.1,'79
Outstanding January 14, 1875
Fri.
5%
8.
1
75,000
Total for the week ($99,951 silver, and $7,149 gold)
$107,100
Previously reported ($9,541,358 silver, and $1,932,619 gold). 11,473,977
Increase from June 20, 1874, to January 14, 1875.
toawmsvctal mia$$U$tellmuvKs ^ews.
merchandise) July 25:
26
Redeem'd and retired from Jan. 14,'75, to date $76,614,571
11,245, 102
Surrended between same dates
8 10
Thurs.
d.
,
31
33
11,400
Total deposits
Mon.
Sat.
.
$5,000
$649 g.)
.
Liverpool Provisions Market.—
,
Am. gold coin.
Am. silv. bars
French gold
24—Str.
29%
80
93
97
9 1
99
4 6>9
4
Havre
(con'g
24
8 10
80
93
97
91
99
Aspinwall
d.
24
8 10
6% 4 6%
5% 4 5%
4
4
*.
24
8 10
81
94
98
92
99
Thurs.
d.
s.
24
8 11
6%
5%
4
4
Wed.
Tues.
d.
21— Str. Colon
22—Str. Canada
.
IO513
92
24
81
94
98
92
99
109%
29%
8.
Flour (ex. State) $bul.. 24
Wheat.spr'g.No^.lOOlb. 8 11
Spring, No. 3...
"
Winter,West.,n.
"
Southern, new .
"
Av.Cal. white..
"
97i6 le
98'is
105%"
29%
41%
20%
1.
51%
28%
Mon.
Sat.
».
Aug.
28%
20%
20%
22
Liverpool Cotton Market.— See special report on cotton.
Linerjiool Breadstuff* Market.—
_
sponding totals for several previous years:
July.
home-grown
—
Accost
2,
.
:
.
.
THE CHRONICLE
1879.]
113
United state. Bond.._T he business
Government
in
has been very large, and the aalea to private
parti*
corporations have been large.
Th« heavy buvsra
frequently been holders of called bonds,
who have
waited until this time to replace their holdings.
A prominent
feature in the dealings has also been the
purchase or forein
banking houses of some large lots of 4 per cent
bonds, swrrV
gating several millions in all, which are supposed
to be forshinH
rities
and
have
Tlio United States Comptroller of the Currency furnishes the
following statement of National Banks organized the past week:
2,428— Bradford National Bank, Bradford, Pa. Authorized capital
Robert F. Borckinan,
$100,000; paid-in capital, $50,000.
President John F. Morrill, Casbior. Authorized to commence
;
ment now or
in the near future.
Closing prices at the N. Y. Board have been as
follows:
business, July 25, 1879.
DIVIDEND*.
Name of Company.
Per
When
Books Closed.
Cent.
Payablo
(Days inclusive.)
Railroads.
Codar Rapids & Mo. River (quar.)
preferred
do
Connecticut A Pass. Rivers, pref
Illinois Central
Massawlppi
Mobile & Montgomery
N. Y. Prov. 4 Bost. (Ston'tn) quar,
Banks.
of the
Manhattan Co
National Bank of the Ropublic
.
.
l>a
August
August
August
3
Sept.
1
3%
1
1
1
2
1 Aug.
August 1
Aug. 12 Aug,
Aug. 11 Aug.
3%
3%
August 9
August G Aug.
8
5
August
August
3
2
Aug.
Aug.
1%
2%
Insurance.
Broadway
St. Nicholas.
<fc
Stonington 8.8. Co. (quar.)
Pullman Palace Car
(guar.)
181V— 5
I*.
Situation.
>.
•104 %
reg.
coup.
The
fairest
way
Range since Jan.
The
to lease
is
its
31.
104% 104% •104 '101%
lop, •104% •104%
104% 104% •104% '104 '9
104% 104% •101% '104%
102* 102% 10T" •102%
104
104
103% 104
106% 106% 106
100%
106% 106% '106 •106
reg,
coup.
III.
of the leased road to
necessity of passing
July
30.
An,.
104%]
. .
under a contract to pay over the true net earnings
its proprietors.
Had the leases of the Pennsylvania Railroad been made in this way (as a few of them are),
that great corporation would never have been reduced to the
a railroad
July
29.
104%
104% •104%
104> •I'M-,
lor, 104%
reg.
'102'', 103%
coup.
104%
•x02%
reg.
106% x05%
14 to Sept. 3
ooup.
106%
106%
reg.
102
102
102 •102
102% •102%
to Aug. 12
coup.
102
101% 101% 102
102%
*102%
to Aug. 11 6s, our'cy, 189}.. reg.
121% 121 •121
122% 121% 122
6s, cur'oy, 1896.. reg.
121% 121 -121% •122
122 •122%
6s, cur'cy, 1897.. reg.
122
121% •122 •122*3 122% •122%
1 to Aug. 5 6s, cur'oy, 1 898 reg.
123% 122 •122% •122% 122% 123%
6s, cur'cy, 1899. .reg.
122% 122% 123
123"
123
«
* This Is the prioe bid no sale was made
at the Board.
The range in prices since January 1, 1879, and the amount
5 to Aug. 11 of each class of bonds outstanding July
1, 1979
were as
remarkable buoyancy at the Stock Exchange continues without
abatement. At the close to day many stocks show the highest
figures not only of the present year, but for three or four years
past, and are strong at the advance.
The large crops at the
West, as a general influence, and railroad combination as a
special influence affecting particular stocks, have been the two
great elements on which the buoyancy of the present week has
been pressed forward. The first-named is an unquestionable
good, and another large crop-year in 1879 following the abundant seasons of 1877 and 1878, will do much to help forward
the recuperating business interests of the country. But as to
railroad leases or combinations, it is to be remembered that
where a stong dividend-paying company leases a weaker one at
heavy fixed rentals, there is strength acquired on one side but
lost on the other.
There is much of this business now going on,
and stockholders should see to it that their stocks are not depreciated by the lease or purchase of properties at a rate far above
their real worth, by which the lessee company assumes obligastocks.
July
28;
n
follows:
1,
The Money market and Financial
its
July
86.
;
1
Aug.
FHIDAV, AUGUST
tions taking precedence of
1880
1880
6«,1881
68,1881
5s,1881
5s, 1881
4%8, 1891
4%s, 1891
4s, 1907
4s, 1907
6s,
6s,
July
1
1
miscellaneous.
Prov.
Interest
Periods.
recently boon announced
The following dividends have
Bank
to
I.nw<',1.
6s, 1 880-1.. cp.
1.
1879.
Highest.
107% Juno 23 $203,311,900
104*3 July 11
68,5-20s,'67.cp.
Coupon.
$79,424, 450
4.296,150
13,056,950
2,851,450
7,046,600
96,279,350
42,145,800
264,938,400 243,501,050
165,910,750
81.089,250
419,280,500 •247,749,400
64,623,512
68,5-20s,'68.t!p.
5s, 10-408... cp.
58, 1881. ...op.
103% May 1 107% Jan. 15
4%a, 1891.. cp. 104
M.ii 21 108
May 21
4s, 1907.
.cp.
99 Apr.
103% May 21
6s, cu r'ncy.reg. 119% Jan.
128 May 31
* TIus amount doos not inolude
$12,848,210 of Refunding Osrtulostes
outstanding on July 1.
. .
Closing prices of securities in London for three
the range since Jan. 1, 1879, were as follows:
July Aug.
July
18.
25.
Range
weeks past and
since Jan. 1, 1870.
Lowest.
Highest.
x05% 105% 105% 105 July 16 109% Jan. 4
109% 109% 109% 106% Moil. 24 110 May 2
104% 105% 105% 101 Moll. 26 105% May 22
U. 8. 5s of 1381
U. 8. 4%sof 1891
U.S. 4s of 1907
State and Railroad Bonds—There is little doing in State
bonds, and Louisiana consols are still depressed by the situation.
Railroad bonds have been active as ever, and the transactions
have been of large volume at the higher prices. It is unnecessary
to name one and another bond which has been specially active,
but the prices on another page show the great strength of the
list.
The following
H. Muller
&
Son
securities
were sold at auction by Messrs. A.
:
Shares.
dividends.
Amount July 1,1878.
Registered.
Share*.
30 Stuyvosant Safe Dep. Co. 85
10 Produce Bank
80
3 Shoe A Leathor Bank
125
50 Hanover Fire Ins
165
50 Nassau Bank
80
2 New York City Fire Ins. 58
200 Mechanics' Nat. Bank... 133%' 10 Merchants' Firo Ins
130%
130 Pacific Bank
140%»1 40% 25 Merchants' Ex. Nat. B'k. 72%
300 National Citizens' Bank 100
35 Hamilton Fire Ins
125
75 Nat.Butcli.&Drovors'Bk 102%' 46 N. Y. Equitable Ins
180
100 Nat. City Bank
200
._ Westchester Flro Its
125
105%
25 Leather Manfrs' Nat. Bk 140% 250 Westchester F. Ins.(ox-d) 105
40 Broadway Bank
205%
5 New York City Ins
08
66 Chatham Nat. Bank
105
Bond:
18 Union Nat. Bank
143
$5,000 Chicago & Canada 80.
36 East River Nat. Bank.
05
RR. 1st mort. 7 per eont
20 Mcch. & Traders' Nat. Bk 76%
bonds
55%
Closing prices of leading State bonds for two weeks past, and
the range since Jan. 1, 1879, have been as follows:
'
The Washington
dispatches to-day give the following " The
debt statement issued to-day shows the increase of debt for July
to be $6,086,344 12
cash in the Treasury, $282,905,273 06 gold
:
;
;
I
.
certificates, $15,240,700; silver certificates,$2,785,850; certificates
of deposit outstanding, $40,330,000
legal tenders outstanding,
$6,058,350
currency outstanding, $15,814,823 23.
;
;
refunding
$346,681,016
certificates,
;
fractional
" During the
last
month the United
bonds
;
1879.
July 26.
Differ'nces fr'ni
1878.
1877.
previous week.
July 27.
July 28.
Loans and dia. $260,582,000 Deo.$2,137,200 $238,636,000 $249,169,600
Legal tenders.
19.927.600
20.549.300
243,383,000
54,288,100
Doc.
84,100
Inc.
17,900
Inc. 3.228,700
Inc. 3,779, '.'00
19,695.600
19,078,000
222.133.700
58,409,600
13,984.100
15,517,900
221.064,900
57,325,200
July
States.
25.
Louisiana consols
Missouri 6s, '89 or '90
Virginia 6a, consol
_ do
District of
This
is
Aug.
Range since Jan.
Lowest.
1,
1879.
Highest.
38
36% 36 July 24 69 Jan. 6
104% 104 103% Men. 5 107% June 10
•24% •21
18 Feb. 8 25% June 14
•34%
33% July 11 42 Feb. 13
*78
•78
73% June 20 73% Juno 20
North Carolina 6s, old
Tennessee 6a, old
•
of
against 55i per cent the previous week. The discount rate is
unchanged at 2 per cent.
The last statement of the New York City Clearing-House banks,
issued July 26, showed an increase of $2,887,925 in the excess
above their 25 per cent legal reserve, the whole of such excess
being $13,369,950, against $10,432,025 the previous week.
The following table shows the changes from the previous week
and a com parison with the two preceding years.
.
. . .
;
England weekly statement on Thursday showed
a gain of £237,000 in specie, and the reserve was
56J per cent,
Specie
Circulation ..
Not deposits
"
States Treasurer redeemed
of 5-20s, $36,375,450
$87,615,450
in all,
$123,990,900, of the proceeds of which $87,939,810 was paid out
by check, and $38,560,000 was credited to the banks in their
bond account. There are now outstanding about $75,000,000
called bonds of all descriptions."
The money market has worked with extreme ease, and call
loans are quoted at 1 j@3 per cent, and prime paper at 3
54J per
The Bank
I
!
"The increase of the debt is due to payments on account of
arrears of pensions from United States notes held for redemption of fractional currency as provided by act of June 21, 1879.
of 10-40
.
41 % Apr. 29 44 Mch. 28
do
2d series.
Columbia 3-65s.
88% x86% 79% Jan. 3 88% May 23
the price bid no sale was made at the Board.
.
;
Kallroad and miscellaneous Stock*.— The stock market
his been even more buoyant than before, * ed by the Northwest
and St. Paul stocks. Lake Sho re has als° been conspicuous in
the advance, the Wabash and Kansas City & Northern stocks,
and many others. The reports of large grain crops have been
Ths
freely used by the bulls to push the upward speculation.
coal stocks were very strong, and on Wednesday an advance in
prices was made at the auction sale, followod by a reduction in
This
circulars issued by other companies the next day.
singular movertent gave currency to the report that prices at ths
auction had been manipulated, and, upon the whole, the coal
stocks were held less firmly in consequence. The proposed leass
of Missouri Kansas & Texas to the Chicago Burlington & Quincy
Tho general
is further talked of, but not yet consummated.
market is naturally firm, but in some exceptional instances
prices remain about the same as last week, and Union Pacific is
lower.
..
.
;
THE CHRONICLE
114
daily highest and lowest orices
The
Saturday, Monday,
July 28.
July 28.
Tuesday,
July 29.
,
Aug.
1.
Cent, of N.J.
Chic. & Alton
Chic. Bur. A Q
Chlc.M.A
do
*
Chic.
St.P.
pref.
W.
N.
do
prof.
Chic. R. I. & P.
CIct. C. C. *I.
Clev .& P., guar
W.
Brie
do pref
Han. ft St. Jo..
prof.
do
Illinois Cent...
Kansas Pacific
I*ako Shore
Alien. Central..
Mo. Kans. ft T.
Mor.
ft
.
Miss..
Panama.
Pitts. P.W.ftC.
St.Lftl.M.asi n
SUL.K.C.&N.
pref.
1st prf.
Sutro Tunnel.
Pucllic.
Wabash
West. Un. Tel.
Those are the prices bid and asked no sale was made at the Board,
Total sales this week, and the range in prices for 1878 and
"
since Jan.
916,075
1,202.674
1,
I
922,335
1,030,123
2,573,590>
793,936
643.337
1,634,132
1,394,056
935,934
730,1405,872,678
2,50.s,so2
676.026
745,453
2,230,694
1.406,933
845,399
732.H39
6,442,099
140,4.'3
164,868
80,374
107,300
1,354.085 1,261,652
6,694,667 5,670,424
271,884
248,651
2,087,497
215 1,677,615
558,193
556,335
302,153
285,113
145,035
117,705
159,738
179,713
265,328
373,983
637,918
677,396
2,175,173
J,i; Is.
2,212,692
2,419,21»
May figures in 1 879 are estimated.
Exchange. The market for sterling bills is weak, on account of the absence of demand and the favorable outlook for
shipments of both produce and securities. The leading drawers
8t.L.ft8.Fran.
do
do
169,925
2,49"), 07
*
pref.
Union
216,928
4,604,796
2,266,099
.
Pacitic Mail...
do
27,693
22,oll
GrandTruuk.Wk.end.Julyl9 149,431 145,794
Gr't Western. Wk.end. July 18
75.193
8-1,313
Hannibal &St.Jo. 3d wkjuly
21,376
30,086
Houst. &Tex. C.June
163,798 128,570
Uliuois<'eu.(Ill.)..June
438,636 430,873
do
(Iowa). .Juno
116,086 121,833
Int. &Gt, North.. 3d wk July
20,963
23,031
Kansas Pacific... 3d wkjuly
85,672
74.459
Mo. Kans. ft Tex. .3d wk July
53,967
52,605
Mobile & Ohio. .June
90,408
90,341
Nashv.Ch.&St. L.May
139,524 124,837
•N.Y.L. Ei ie & W.May
1,358,000 1,172,961
Pad.<fcElizabetht.2d wkjuly
5,412
5,392
Pad. & Memphis. 2d wk July
3,489
3,492
Phila.&Eiie
luue
211,545 219,024
Phila.ft Reading. June
1,343,014 1,401,658
8t.L.A.&T.H.(brs)3d wkjuly
9,770
7,<85
St.L. Iron Mt. &S.3d wkjuly
88,858
79,023
St. L.K.C.& No.. 3d wkjuly
51,620
64,611
St.L.&Southeast.lstwkJuly
29,907
25.631
Kt. Paul & 8. City. June
54,572
46,714
Scioto Valley
une
28,258
27,576
Sioux City &St.P. Juno
29,954
28,589
Southern Minn. .June
52,791
53,624
Tol.Peoria & War. 3-1 wk July
23,9-'6
27,424
Union Pacific... Juno
888.119
1,008,192
Wabash
3dwkjuly 101,491
90,777
I
Essox
ft
N.Y.O.AH. H
Ohio
Gal.Hooet. ftH..June
. .
OolChiai I.e.
Del. AH.Canal
Del.Lack.ft
—
Week or Mo.
Friday,
Wednes., Thursd'y,
July 31.
July 80.
XXIX.
[Vol.
-Latest earnings reported.
,-Jan. 1 to latest date.—.
1879.
1878
1879.
1878.
have been as follows:
South
Citninlsi
:
.
—
1379, were as follows:
Sales of
Prices since Jan.
1,
Range
1879.
Lowest.
for
1878.
Week.
Shares.
of sterling have reduced their posted rates to 4.83 and 4.85 respectively, and the actual rates are about Ji*l cent lower.
In domestic bills the following were rates of exchange on
New York at the undermentioned cities to-day: Savannah— 5-16
premium selling; 3-16 premium buying.
Charleston buying,
nominally 1-5
New Orl ans— commercial, £@3-16
selling. J.
premium; bank, J premium. Chicago- steady, 1-10 discount
buying; 1-10 premium selling; and Boston, par to 12£c. premium.
The quotations for foreign exchange are as follows
Low. High.
Highest.
;
:
Canada Southern
Central of N. J
Cliieago & Alton
Chic. Biirl.& Quincy.
Chic. Mil. &Sf.
do
do
Chicago
do
1,750
45 *4 Jan.
40,355
33% Jan.
75 Mch.
810 111% Jan.
343a Jan.
7434 Jan.
495g Jan.
76 7s Jan.
506 119 Jan.
10,398 34% Jan.
1,402 84% Jan.
13,540
184,135
pref.
19,104
pref.
do
.
Chic. Rock lsl.& Pac.
Clev. Col. Cin.
Ind.
Clev.
Pittsb.,guar.
Col. Chic.& Ind. Cent
11,770
Del. & Hudson Canal
20,985
Del. Lack. & Western 137,100
&
&
Erie
do
pref
Hannibal
do
&
St.
do
Jo
. .
pref.
Illinois Central
Kansas Pacific
Lake Shore
Michigan Central
Ohio & Mississippi.
Pacific Mail
Panama
do
St. L.
& S,
.
& Chic.
& North.
Pitts. Ft. W.
8t. L. I. Mt.
St. L. K. C.
89,730
5.350
2.500
7,370
2,945
1,000
Missouri Kau. & Tex.
Morris & Essex
M. Y. Cent, ft IIud.K.
& South.
pref.
Francisco.
do
pref.
do
1st pref.
8utro Tunnel
Union Pacific
Wabash
38
13%!
66%
85
122H Feb.
9914
114%
1,550
T... 174,850
& North w.
63 % Mch.
55 July
88% Aug.
146,139
12,920
11,444
4,279
5
38
43
10
286
3,340
20,560
43,149
2,845
6,201)
3,525
7,925
9,520
26,385
22,369
100
9
13MJan.
538 Jan.
Mch.
7% Jan.
1038 Jan.
123 Jan.
101 Jan.
13 Jan.
7 Jan.
25% Jan.
3% Jan.
4% Jan.
934 Jan.
2% Jan.
57% Jan.
17% Mch.
89% July
9838 122
3Si4
23
63%l 85
1
July
Apr.
2%
63s
513s June
3438
41
59'8
7=8
May
23% May
45% May
21%
22%
54
34
75% Jan.
59% 79%
62% July
2914 May
Jan.
54?s
1
75% Aug.
99% July
141 May
55 May
37ia Jan.
Jan.
7914 Mch.
9% Jan.
67 Jan.
7334 Jan.
27%
64
84%
32%' 55 M,
961s Aug.
21% Jan.
573 112
16,528
12,695
Jan,
Jan.
66 ^ Aug.
45%
45^
90i4 July
60 Apr.
81=8 Aug.
90 H Jau.
18>4 May
93% Julv
12 IM June
17 July
10
IB5
21=8
72*8
41 »8
87
7%
673s 89
10334 115
6% 11%
12% 23?8
July
112
ss
5
112% May
30% May
131
102
155a
7=8
3%
Aug.
56*4 Aug.
21
.
3%
5
6II4
73
12%
23*8
Western Union Tel..
7514 102
Total sales ot the week in leading stocks were as follows.
July 26
28
»*
29
M 30
H 31
Aug
.
1,900
9,110
5,235
4,150
9.400
13,354
1
Total.
..
St.
North-
Paul.
west.
21,995 27,850
47,995 47,725
20,550 21,975
17,710 23,055
35,050 33,925
31,550 29,605
Central
Del. L.
& West.
of N. J.
3,400
4,700
39,300
33,600
40,730
15,370
1.400
1,600
6,730
11,625
13.200
5,800
43,149(174,850 184,135 137,100
40,355
Erie.
4,510
2,430
19,200
26,120
21,150
16,320
Lake
Shore.
18,800
21,110
24,495
14,789
27,020
39,925
89/730
146,139
Whole stock. 120,000 154,042 149,888 524.000 175.400 771,077 494,665
The total number of shares of stock outstanding is given in the
last line for the purpose of comparison.
The latest railroad earnings and the totals from Jan. 1 to latest
dates are given below. The statement includes the gross earnings of all railroads from which returns can be obtained. The
coin in us under the heading "Jan. 1 to latest date" furbish the
gross earnings from Jan. 1 to, and including, the period mentioned in the second column.
,
—Latest
earnings reported. — ,-Jan.
or Mo.
1879.
1878.
Week
.
ft S. F.3d wk July $128,000
West. .J une
300,540
Atlantic Miss.&O. June
102,247 120,094
Bur. C. Rap. & N. 3d wk July
24,523
21,357
Burl.&Mo.R.in N.May
159,663 145,754
Cairo &8t.Louts.. 2d wk July
5,154
4,273
Central Pacific... June
1,377,000 1,393,852
Chicago & Alton. 3d wk July 144,529 107,457
Chic. Burl, ft Q... May
1,171,303 1,275,516
Chic. & East. 111.. 3d wkjuly
17,415
16,738
Chic. Mil. & St. P. 3d wk July 157,000
149,485
Chic.& Northwest Juno
1,389,300 1,069,142
Chic. St. P. & Min.3d wk July
16,798
15,052
Clev. Mt. V. & U. .3d wk July
6,245
7,192
DakotaSouthern.Mav
18,261
19,039
Denv. & Rio G...2d wkjuly
24,529
28,289
Dubuqueft S.City.Sd wk July
14,689
19,222
Atch.Top.
Atl.
& Gt.
.
.
1 to latest date.-,
1879.
1878.
$90,112 $3,103,474 81,744,917
309,136!
715,486
761,816
727,692
857,184
721,952
644,491
118,217
1 17,29S
7,750,729 7,834,105
2,518,708 2,296,149
5,349,271 5,520,701
4,535,000
6,958,140
557,837
203,967
90,003
4,694,951
7,055,206
438,839
538,681
471.641
198,857
87,721
4.84%®4.85
4.84 ®4.84J»
4.81%®4 82
5.23 %®5 21 '»
6.28 «g»5, 23%
nines)
(francs)
Swiss (f raucs)
Amsterdam (guilders)
5.255s&5
5.250s a 5
39 %®
9334®
93 %®
Hamburg
(reichmarks)
Fraukt'ort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
93%®
93%®
23%
23%
5.23%®5 21 »*
5.23%®5 21 ^
3978
94 14
94 14
94^4
94>4
40%® 40U
94%® 94 5»
94%® 94=8
94%® 94=8
94%® 94=8
The following
are quotations in gold for various coins
Dimes <fc% dimes. — 99
$4 84 ®$4 88
Silver 14s and %s. — 9:l%®
3 84 ® 3 89
Napoleons
par.
92 ®
X X Reichmarks. 4 72 ® 4 78 Five francs
95
Mexican dollars.. — 86%® — 87%
3 93 @ 4 00
X Guilders
English silver
Span'hDoubloons.15 50 ®15 75
4 75 ® 4 80
Prus. silv. thalers.
68
Mex. Doubloons.. 15 55 ®15 65
— 98%® — 993a
Fine silver bars .. 1 11%® 1 1134 Trade dollars
3—99%
—
—
Sovereigns
—
Fine gold bars
par.S^prem. New
I
Boston Banks. — The following
silver dollars
—
—
©—70
99%®
—
par.
are the totals of the Boston,
banks for a Beries of weeks past:
Loans.
1819.
Feb.
Fen.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr
Apr.
St.L.K.
C.&N.pf
('
.
Antwerp
26%
1% 4%
1% 514 Mar
5% 11% Mar.
19
113s Apr.
13% Apr.
28% Apr.
4?8 Mch.
81 Feb.
39 »8 May
116 June
4.82%8 4. 83%
4.8l%»4 82*4
4.81% 34. 82
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Doeuinen tary commercial
Paris
Demand.
60 days.
1.
38
4
12»s
55'8 715s
58% 75
18% June
155
61?8
August
17.
24.
3.
10.
17
24.
31.
7.
1».
21.
28.
8
C
*
3,7(8,300
4,4 6,500
3,1.45,100
4,273,300
4,324,300
4,65i ,500
4.150,300
4,713,600
4,59 ,000
4,294,700
69,770,300
63.215.9iO
70,326,. 00
67,n28.S0n
65,677.100
64,060,100
63,415,100
64.221,500
63,^71,0,0
62,99 ,00ii
25,545,800
25,481,100
25,399,-00
25,613,100
3,8-'7,800
60,-.'5!,400
8,863,000
4,191,300
3,589,200
60,1 '23.900
*42,8 5,800
*44, '03,900
•44,101,2
*J3.895,000
'44,391,200
»4I,997,000
26. 30.200
26.299,600
140.44i.fcO0
140,033,100
139,001.100
13S.3HO.400
137.-169.400
134, '92,' 00
May 5.
May U.
133,22 ,500
132,95^,200
May
May
19.
130,296.1100
26.
2.
130.331,800
129.489,000
129,973,501
130 510,500
130,'63.600
130,583.300
1^4,821,800
129,93 ,100
123.606.600
127.-96.500
June
June 9.
June 16.
June 23.
June 30.
July
July
July
July
7.
14.
21.
28.
Specie. L. Tenders. Deposits. Circulation. Agg. Clear,
%
144,980,0(0
143.799,200
141,969,200
141,623, 0.)
141,308,300
3,625,7u0
3,664,500
3,649,900
3,62U,800
3.644.000
3,1.46,200
3,684,00
3,81)5,800
3,1)5 ..800
3.483,700
3,627,700
3,600,100
3,5S3^00
3,556,100
3,577,700
3,563,400
3.948,500
3,5f,9,400
3,557.700
3,547.400
3,5-5,2u0
3,6'.'0,400
3,590.900
72,600
3,P5,800
3.886,700
4,161,200
4,165.500
4,118,490
4,4.13,500
4,717,100
5,4:13, 900
5.390,800
5,386.301
*1<,6' 6.IO1I
* 4.795,300
*45,332,)00
-45.8 S600
*47.0'7,900
•46,172,7(10
S
25.51.2,000
25,145,500
25.438,200
25,827,800
26.0:4,200
2ii,215,DO0
2-.,228.800
26.218.400
2 ,869.200
26,437.800
2n,569,000
26,701,100
26.675,100
26 578.800
21,640,000
26,«15,3"0
26.538,700
26,5:2,500
47,(30,361
45.334,530
46,349,291
48,733,521
45,139,465
4>i,901,569
39.857.020"
44.616,94*
47.207,392
51,936,677
47,978,840
511.505.511
60,552,117
43,456,247
16,516.8119
44,i
33,227
51,329,031
49,413,570"
45,176,058
47.775JJ6&
51,738,637
47.866.113:
49,2)1,607
43.383.417
Other than Government and banks, less Clearing-House checks.
Philadelphia
The totals of the Philadelphia bank*
are as follows:
Lawful Money.
Loans.
Deposits. Circulation. Agg. Clear.
1879.
S
$
$
*
Banks—
FcD. 17.
Feb. 24.
Mar. 3.
Mar
Mar.
Mar.
Mar.
10.
17.
24.
31.
7.
Apr.
Apr. 11.
Apr. 21.
Apr. 2-i.
May
May
May
May
June
June
5.
12.
19.
L6.
2.
9.
Jnn,'16.
Juie23.
Jn e30.
July
July
July
July
7.
14.
21.
it.
59,994.059
60.554,971
60,518.117
60.122.5S2
60,174,912
59.914,320
60,110,886
60,9'5,«91
15,914,566
15,754,299
15,947.786
15,9*9,655
15,859,150
15,360,266
11,890,991
13,701, 132
14,022.748
14,516,885
14.869,087
14,918,9=9
15.353.558
l£,l-8,678
15,919,569
61419,856
15.93-1,439
61.917.078
62,l'36,^2
61.8 0.186
61.710,307
62,221,496
62.171. 941
61,914,527
61,415,416
15,190,7u7
15,883,014
15,311,615
15,790.131
16.205,151
16,583.493
56,992,785
67,012.193
57,600,832
58,268.234
(18.486,555
f8,506,715
.',9,006.312
16,3)17,445
17,406,816
44,94^027
44,576,403
45,378.745
46,023,633
46,336,572
45.163.48
11,306,127
11,338,414
11,321,223
11,347,059
11,3.55,472
11,361,..50
45,256.36i
45,111,747
46,55a 535
47,238,852
11,422,018
11,5 0,122
11,509,910
47,l'44,S»9
11,5.8,643
11,4 8,821
11.492, 97
11,476.011
11.465,857
47,626,363
47.7i-6.056
49,143,4
49.6<3,?84
49.941,608
50,16 1,092
50.721,259
49.713..83
50, 309.722
51 318.936
51,811.642
51,512.317
51,901,368
ll,51l,,236
11,449,130
11,411,493
11.424 901
11.3)7.218
11,183,10)
11,398,306
11.406..80
11,423,816
11,415,745
30,293,686
27,312,892
31,157,9«
36,371,591
29,*56,598
31,233,063
29.945.441
38,653,745
30,561.240
38 .407.056
34.295.148
37.642.8*5
40.016.183
38.955.672
39.353,763
31,805,486
46.780.676
38.801,534
37.579.238
34.442,141
37.189,094
34.090.465
37,197.358
31,910,697
.
.
.
August
.
—
..
t1
.
..
...
.
.
,
THE CHRONICLE
2, 1879. J
—
Sew
115
KIM TON, I'mtlDKLPIHV,
York illy Banks. The following statement shown the
condition of the Associated Banks of New York Oi.y for the week
•mil nir at the commencement of business on July 20, 1870
Kir. -Continued.
• KOtlEITIXS.
hcuiitib*.
:
Average amou lit
Banks.
Capital.
Net
Loans and
New
1
2,000,000
York
1,300,000
7,101,500
3,077. 100
3,(100,000
1,000,00(1
2.7115,000
510.300
105,400
792,600
560,600
885,580
554,400
295,000
1,000,000
6.210,000
1,088,800]
i.noo.iKio
OOO.IXKI
3.os:i.ooo
8,o5(>,ooo
rii'i-ni.x
8,000,000
0,sO(l,3iKl
J,IKHI,IK»|
City
Chemical
000,000
1,000.000
l.oou.ooo
Gallatin Nation']
300.0O(l
Mechanics'
A
H.UM.HOO
908.600
188,800
1,550,200
10,111,200
1,501,800
800,5001
156,8001
3,im2,4CM)
8,884,100
1,242,900
1.0S2.IKKI
824,41X1
1,0110,00(1
l.oim.ooo
3.5?4,K(H)
31 III.
422,700
8,358,800
4,810,000
8,158,000
1,200,400
1,840,000
72.000
118,700
108,300
53.600
83,000
684,500
133.300
651,000
108,000
Metropolitan
—
111
Nassau
Market
1,000,000
500,000
500,000
500,000
1,000,000
1,000,000
300,000
400,000
1,500,000
2,000,000
500,000
225.000
240,000
25O.O0O
100,000
3,800,000
St. Nicholas
Shoe A Leather..
Corn Exchange..
Continental
•Oriental
Importers'
A
Tr..
Mech. Bkg. Ass'n
North
East
lilver
Illver
Manuf'rsA Mer..
Fourth National.
Central Nat
13,030,000
1,706,100
2,174,800
1,846,000
3,274,500
8,84 1.2(H)
3,837,700
1,470,300
2.212.0(H)
17,165,300
12,147,000
581,900
629,200
681,900
881,400
366,600
7.088,000
750,000
800,000
3,884,000
9,880,500
1,000,000
7.067.0(H)
30O.IKKI
250.1 KM)
1.189.100
1,132.000
1,214,900
2.030,900
2,648,400
N. York County.
Germ'n Amerlc'n
200,000
750.000
800,000
.
252,000
1.888,000
6,608,600
210.4(H)
888, loo
1,0811,900
8.076,8()()
840,200
381,000
775,200
1.817,40(1
11.205.800
3.532.500
539.000
380.500
214.800
197,000
1.753.6(H)
1,065.000
958,(H«i
787.0IHI
2.7(H)
460,500
34,800
45.000
304,000
1,814,800
787,100
1,548.2110
1,545,800
7(H)
597,11(10
3,821,:Xhi
895.0(H)
334,000
3,19b,7O0
8,264.700
8,033,300
8,000,000
180,000
111,000
4,700
83,000
88.100
1,000
1,121,700
457,000
180,000
352.000
8,3110,000
1.100
2.667.IHHI
100
1,009,900
1,079,700
16.886.0(H)
7.200.500
400
371.500
29,800
21,200
84,800
304,000
71,500
5,600
27,000
34,600
2.357.7IKI
.000
itoo.ooo
2,
fiecond Natlon'l.
Ninth National..
First National..
Third National ..
N. Y. Nat. Exch..
Bowery National
Chase National
10.000
3,:iso,:)oo
40M.5IKI
7,879
201,000
64.000
0,900
6.103,1)00
2.3:15.300
9M2.000
2,257.700
74,000
44,500
125.500
9. 568,01 H)
8,017.800
18,186,000
10,884,700
5,173.300
North America..
0,086,IMMI
4,078.3(H>
10,000
480,000
418,800
700.000
1,000,000
500,000
3,000,000
6,540.9cm
1,046,500
1,561,800
K40.2IHI
1,B0(I,000
1,279,IHH)
1.170.0(H)
2,(1: 1(1.700
OlKI.IKKI
Broadway
491.500
152.400
888,800
160,000
478,700
1. 195,0cm
200,000
600,000
SI
9.860.0(H)
4.839.21)0
13,000
Leather Mun'f'ra
r>.(HHI.IHHl
2.118.000
1,145,800
13H.2IKI
208.0(H)
iuio.ikhi
O.OOO.IKH)
tion.
190,800
36,000
Tr.
State of N. Vurk.
Circula-
8.
*
t
t
11.510,200
6,868,200
dep'ts
Legal
Tenders. than U.
Specie.
discounts.
Nashua at Lowell. ,.
New York A New Englsnd...
Northern of New Hampshire
of
1,111,900
888,000
48,700
87,000
11,400
130,600
115,400
158.100
487,100
050,
38.>,6on
218,000
888,800
405.
-'cm
1,707,000
6,194.900
8,834,600
270.000
1,788.000
2,088.400
l,900,7(m
312.900
1,305,
480,50(1
271,000
944,300
180,000
693,000
4.181,700
4,H06,500
68,700
112,600
180,800
61.2(H)
79,500
3,052,500
8,488,000
483,000
858,000
1,217.900
1,046.800
218.8(H)
8,222,000
c
468,5(Hi
265,400
874.0(H)
5,400
IS,
UK
212,0110
450.0(H)
1
8,808,100
2,413,200
3,584.100
1.278,200
8,885,700
16,528,300
16,555,6(m
510.600
590,200
445,000
4,700
779,100
384.500
1,037.100
307,000
831,000
678,100
898,000
10,803,600
8,277,000
2,500.000
8.970.00O
143.500
1,034.300
1,474,000
20S.O, HI
506,000
45,000
799,100
288,500
223,800
180,030
9,9.39,000
7,280,001'
18(1.900
838.400
358.000
313,100
184,800
568,300
1.080.4(H)
1,176,300
1.728,200
2,354,000
289,400
C.O.S00.2IK)
1
I
I
The following
1878.
Not.
30...
Dec.
Dec.
Dec.
Dec.
14...
21...
28...
7...
are the totals for a series of
Loans.
*
Specie.
8
236.438,400
239,815.500
238,047,200
235,974.100
235,824,400
22,967,400
20.160.700
20,882,900
20,911,500
20,514,100
weeks
41,275,700
40,478,500
89,600,0011
40,707,000
206,797,200
2O7.O5S.O00
208,134,400
203.685.600
203,209,700
20,007,000
20,058.200
20,141,600
368,238,659
380,741,510
481.2II.S78
325,698,134
19,576,700
1879.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
4...
11...
18...
25...
Mar.
Mar.
Mar.
1...
1...
8...
IS...
21...
8...
15...
Mar. 28...
Mar. 89...
Apr. 5...
Apr. 12...
Apr. 19...
Apr. 26..
8...
10...
17...
84...
31...
June 7...
Jane 14...
June 21...
June 28...
July 5...
July 12...
July 19...
July 26...
May
May
May
May
May
234,250,000
20,988,200
2:(II,0S8.C
IK.902.4IM)
233.168.4(H)
17.344,600
17.431.700
18.633.3O0
284,416,200
238,241,400
818,880,800
244,186,800
17.S40.3IKI
18,059,500
17,931,300
16.456.500
16,943,200
17.318.100
18.803,700
18,448,800
18,986,000
18,903,900
214.007.IHMI
240,710,900
247,074,200
240,324.500
248,839,800
240,458,5cm
836,886,800
230.448.9(H)
231,151,300
881,090,000
18,875,6(K)
239.357.8(H)
242,941,600
253.838,500
257,636.500
257.2T2.800
258.332,700
256,891,000
255,901.600
253.575.500
257,082,500
262,951,800
208,719.800
280,582,800
18,828,100
18.516.800
18,745,600
18,763,900
18.802,400
18,785,400
18,9Sm,700
18,780,900
19,296,900
19,666,400
19.889.600
10.971,800
20.011.700
10,927,600
206,173,000
806,188,800
211,590,600
214.981.800
19,848,800
19,785.000
19,767,800
19,617,600
219.219.2(H)
19.4s(),600
51.185,400
48,334,800
219.387,300
817,871,800
45.377.0(H)
816.3S2.llim
813.489.7(H)
19,487,100
19,398,800
19.335,900
41,832,800
45.055.100
49,965,800
813.893.100
19,830,000
486,228.549
507,331.749
611,874,082
493,410,515
458,780,433
434.908.tm4
516,297,775
501,321,270
39.173.4(H)
810.563.3110
19.33.-,,200
4IKI.417.489
38,978,600
34,208,900
31,815,800
36,145,400
40,678,160
45,234,500
49,440,500
53.570,700
49,150,900
43,281,900
41,791,400
42,888.800
44,851.900
43.839,400
46,908,800
49,544,800
51,301,900
208,891.400
198,945,600
19.290,900
19,512,100
19,635.500
19.696.100
19,721,800
19,707,600
19,683.100
19,688,000
19.683,400
19.856.600
19,869,400
19.977.800
20.056,800
53,599,6<K>
54.04S.SIH)
42.651,800
40,503,Sim
193.121.7(H)
185.803,700
200,255,000
804,514,800
814.331. 7(H)
224,937,200
230.184.700
887.345.000
223,754,000
886.963.3oo
227.316,700
286, 177.0(H)
226.118.800
2(18.007,300
241,328.800
19.838.4(H)
413.802,738
390,872,057
461,180.657
423,258,588
487,813,450
503,108,030
548,798,685
591.280.770
898,836.801
589.9W1.936
439,7 0,383
47J.s8s.oss
450,084,041
80.156.8(H) 456.981.901
20.371,300 432,735,090
20,548,900 432.520,468
20.309.IHHI 391,835.789
50.508,1)00
240.151, 3IKI
2CI.531.600
4.81,681,657
54,2*1,100
243,383.000
20.549,500
494,794,747
BIISTON.
PHILAUKLPIIIA AND OTHER CITIES.
Bid. Ask.
IBCr/RITIKl.
8KCUR1TIKS.
Hartford A Erie 7s. new
33* 33*
Kai.Olty. St. Jo. Ad. B.7s.
98
New York & New Eng. is
103
VermontSB
(Jfidunsourg & Lake CO. 3s...
120
Massachusetts 5s, gold
Old Colony, 7s
Boston 6a, currency
do
100
6s
do 5s, gold
Omaha & S. Western, 8s
Chicago sewerage 7s
Pueblo A Ark. Valley, 7s
..
do
KO
78
Municipal 7b
(Portland 6s
Vermont <z Canada, new 8s..
Atch. *Tcpekum m.7s
Vermont* Mass. Kit., 6s
113V, Ill
do
land grant 7s
STOCKS.
113t,
do
109
2d7s
109V
113J4 1134<
do
land Inc. 3a 108
133',. isafe
109
tfoston « Albany 7s
71
71*
121
IBostonA Lowel:
do
6s
112
Boston A Lowell 7s
:io
115)4 Boston * Providence
Boston & Lowell 6s
116* 118V
.Burlington * Mo. In Neb
Boston A Maine 7s ...
.80
Cheshire preferred. ... .... 28
iSo
boston A Providence 7* ...
39
Chic. Clinton Dub. * Mln...
Burl. A Mo., land grant 7s. .. ill',
IX .','*
Cln. SanduBky A Clev
do
«"* 82
Neb. 6s
Concord
107*
Kaalern, Ma*s.,
Il^s,
Fltchburg lCK.,6s
.
*
5s, reg.
*s, gold,
do
do
do
6o
to* Eastern
Eastern
(Mass.)
(New llanipshlro)..
1514
117
Kan. City Top.* U.,7a, 1st
do
do
7s, Inc
Kan. City Top. * Western...
Manchester * Lawreuce
„nm
cp.,
do
191.1.
Ac
15
40
46
Little Schuylkill
Idnchlll
.8
4o
»8
A Erie
Ptiiladeiphla A Read ng
Maryland
u
do
do
do
41
41
loo
do
do
do
do
do
do
do
40*
40'.,,
do
20fi
1.SS
405s
84V
50
133
..
Mar.
m. ,6s, 1902.
6s. S7.
88
6s, coup., '89
6s, '89.
.
A
103!*,
1181,,
Chnrtlers Val., 1st m. 7s,C.,190:
Delaware mort., 6s, various..
Del. A Bound Br.,IBt, 7s. 1903
('In.
m. 7s, gold,
gold,
'90.
'93.
"95 #
411
113
80
A
B.,7s,cp.,16
scrip
115
mt
Navy
Pe n. o ,6s. reg
Perklomen 1st m. 6s, coup. ,'91
Jeff.
.
15V
117*
...
105
•
...
1140
?
.
*
100
U0«
iici
Ml', 104
103
,13
IU3
108X
63
•OS
113
23
18*
18}<
14
t 1.3
7s.
guar...
Laf. lit ra.7l.
107
106
113
114s, •15
104
104X
ioi
100
103
III-
110
106
10844
100
63
...
107
33
71
71
3."1„
101
33
119
82
35
103* 105
t
HIS
104H
10t>
to.'&WXI
t ,01* IOI*
«s,'97to1*
t llllsi
102*
water 6s,sj7 to "89 + 101* ll'2>j
water slock 6s,'97.t ll'l".. :o8*
t 101*
wharf6«
101:
106
108
M.Al.lst m. (1«M) 7s,'811 104
104X
108* K3
36 111., 7s
do
do
lit
m„7l,
1906. ..t
1st in.7l.17t
112T USVi
11.1*
110^
101«
108«
104
(a, '93. t 101* 102*
do
Lou. In.
Jefferson 3Iad. * Ind stock 103* 104
107W
ST. LOUIS.
St.
"33
71
HOsi
1I1«
73
102
100
IMII.I.I.
Loulsv.C. A Lex.
'
'48-.4V
do
do
2d m., "s, p., !:
do
doben., cp.,'»
do
cps. ot.
do
do
scrip, is*-.
do
In. m.7B, cp,l6'6
do
do cons. m. "7s, cp..l9U .
do **»na. ni j r r .tfl'i ,
In defanlt. f Per share.
an 77 fuu cd.
COJ. I
IM
li«l
Louis. A Fr'k.,Lonisv.ln,6s,'8 101
Loslsv. A Nashville—
t MfJ
Leb Br. 61, "86
,
lit m. Leb. Br. Ex.,7i, 804B.t 103
Phils.* Erie lstm.6s,cp.,
2d m 7s,cp.,'3S 109WH12
do
Phlla. A Read. 1st m 6s, 43-' 11 <.om 104
81
...
spec'l tax 6s of '89.
'do
Loul-vlllc Water 6a. Co. 1907
120
..
103
104
6s, cp., 80.
6s, cp.. 19:0 113
115J4
6s, i g., 1910. 17W
cons.m 6-,rg., 1905. 110
107
1905.
68.
cp..
cons.m.
Tard 6s, rg.'si
Pennsylv., 1st m.,
gen. m.
do
gen. in.
do
do
do
do
AA
k ng
Ham. A Ind.
do
do
do
do
do
116
190*?
do
K.
Louisville 7s
m.7s, coup.,'8:.
Pa.&N.Y.C.A RR.7s.l896
10IX....
103* 110
A
I.lll
Little Schuylkill, 1st m.7s '*2
Nortii. Penn. 1st m. 6s, cp.,'85.
rlttsb. Tltusv.
7s, '92,
do il.*c.)litm.7i,'88+
t
Miami 6s, '88
Oin. Ham. A Dayton stock.
Columbus A Xenla stock
Dayton * Michigan stock....
8. p.c. it 'k, guar
do
Little Miami stock
do reg., 1891... 115si 1:6),
do
do 2i m. 7s, reg., 1910 122 123
do con.m.,6s,rg..l983 107 109
6s, p.,19 3 107X 109
do
do
ra.7s, reg.,
Cln.
Little
Miss., lsi m., 7i g.5
Lehigh Valley, lst.Ss.cp.. 1898
1st
A
Ind. Cln
.
A
2dm. 7s, cp.. '96.
do
do gen. m. 7s, cp., 1903
.
.
toe
IthacaA Athens 1st g d, is.,'S0
Junction 1st mori. b<, '82
do
24 mort. 6s, 19U0
.
..
Indiana ,stm.7s
t W*H
•s*
2d 111. 7a, '17
do
Colnm. A Xenla, lit m. 7s ,'shi 1(14
Dayton * Mich. 1st m. 7s. "814 IM
2Jin.7i.'s4> 100
do
3d m. 7s, '88t I'S
do
Dayton A Welt. 1st m., '81 ..t
1st m., 1903. t
do
1st m. 6s, (90. *s5
do
Cln.
UN
EastPenn. 1st mort. 7s, '83
El.* Wuisport, 1st m., 7s, 'SO. 106
5s,perp
do
Harrlsburg 1st mor* 6s, '83..
3dm. cons. 7s,
6s, 1 ssi, .1.4.1.
6s, 1835. A.AC.
I
.
new78 I960
do
Connecting 6s, 1900-1904
Ohio
7s
do
t
7-SOi
do
t
South. RR. 7-30s.<
do
do 6s, gold
do
Hamilton Co., O., 6s. long., .t
7s. lto5yrs..t
ao
7 A 7-30s, loug.t
do
Cln. A Cot. Bridge sl'k, pref.
Cln. Ham. A D. 1st m. 7s, '80
2d m. 78, '85 t
do
.
113
.
A
Cincinnati 6s,
104» ...
112^ 113
Cam. A Burlington Co. 6s,'i)7.
Cauwlssa 1st, 7s, conv., '82.
chat, in., 10s, '88
do
30
CINCINNATI.
104*1....
6s,coup,'83
mort.
do gen.
il«)4
lis
2d, M. AN
do
Bs,8d, J. *J
do
Union RR. 1st, guar., J. * J..
do
Can, on endorsed.
MISCELLANEOUS.
Baltimore Gas certlueates..
People's Gal
Atl. 1st in. 7s, g., 1903 113*4.. .
2d m., 7b, cur., 1879 102H 103
do
OH Creek
11544
.
2d m.es.'Si.. i07>»;....
7b,
|0»J»
AS
6s, 1900, A.AO
do
do tl.gld, 1900, J.AJ.
Cen. Ohio 6s, 1st m.,'90,M.A 8
W. Md. 6s. 1st in., gr.,'90,.1 .A J.
do 1st m., 890, J. A J...
do 20 in., guar.. I. A .1
do 2d III., pref
do 2d m.jtr. by W.Co.JAJ
do 6s. 3d in., guar., J.A J.
.
.
2d m.
A
-I
1901.J.AJ
do
pref...
B. T. 1st
1887....
N. W. Va. Sd m.jiuar.,'S5 „J A.)
Plttsb.A ConiiolTsv.7s,'9B,'*J
Northern Central 6s, *85, j AJ
II
144* 145
.
114
Allegheny Val.. 7 S-lOs, 1396.
7s,E.ext.,1910 ioi *
do
Inc. 7s, end.. '94
85
do
do
do
J* J..
exempt,
BAILBOAD BONDS.
RAILROAD BONDS.
A
d -fenfe,
Western Maryland
Bait.
pref.
Morris
do pref
Peansylvanla
Schuylkill Navigation
H.
75
Central Ohio
SO
Pittsburg * Connellsvllle..5(J
6*
Delaware Division
Lehigh Navigation
Cam.
SB,
6s,
1900,0
j?8 Norfolk
16
w
1«»
VS
«s, 886, J.A.I
6s, 189.1, quarterly... I is«
is, park, 1890, u.— M. 115
6s, 1893, M.
8 ....
6s, exempt. '*i,M.
120
83
* Trenton
United N. J. Companies
West Chester consol. pref.
WestJersey
do
do
7«u 78
cp.,*78.
«!, i890. quarterly.
3s, quarterly
Baltimore 6s, .SSI, quart
40
80*4
Phlla.Wllmlng. * Baltimore
Pittsburg Tltusv. * Buff
St. Paul A DuluthB.K. Com
Camden AAmboy
102
llll.'ll'ioitl,
30*
m
Pennsylvania
Philadelphia
m.
85
117
water, 8i
BAILBOAD BTOCK8. Par,
S3* 67
Bill.* Ohio
100 ISO* tt\
104
105
Wash. Branch. lot)
do
16*
Parkersb'g Br. .50
do
47 W iva
Northern Central
50
Nesquehonlng Valley
Norrlstown
Northern Pacific
pref
do
North Pennsylvania
1st
80
Ill
100
108
118
do 7s, hoat*car.ig.,'.9..s
Susquehanna 6i, coup.. .9.8."
pref
do
now pref
do
Delaware * Bpund Brook....
Eaat Pennsylvania
Elinlra s Wllliamsport
pref..
do
do
Har P. Mt. .loy * Lancaster
Huntingdon * Broad Top...
do pref.
do
Lehigh Valley...
3d
to*
TV
.
Catawlasa
do
do
18
Schuylk. Nav.lsl m.M.rg.,17. 102
do
2d m.61. reg., IW 74
do Is, boat*cir,rg.,1918 00
7s, reg. * coup
do
Delaware 6s, coupon
Hsrrlshurg City 6s, coupon
RAILROAD STOCKS.!
Camden * Atlantic...
pref
do
do
Belvldere Dela.
81
1
lt>4
m
Camden County 6b, coup
Camden City 6s, coupon ....
do
Susquehanna
1st (1, rg./SI
10H
ion
104M iosm
rug. ,'84 1001
do mort. RK., Tg„"r. ioul
do m. co .v. g., n g.,14 104' 188
do mort. gold, '97
101(4
do cons,
7s, rg., 1911
irju
Morris, boat loan, reg., 1885. ioou
'.910.
Penniylvinls 6s, coup.,
7|fl
.
do
Dels
Delaware Division «l,
Lehigh Nivlga m.,is,
ur.lmp.. reg. ,'33-86. loo*
6s, reg. and coup.
exempt, rg. * coup.
Philadelphia
A
Chesip.
reg
7s,w't'rln,rg.
7s,
N. Jersey
43
'w,
i
Allegheny City 7s, reg
Pittsburg 4s, coup., 1913.....
142
new
.
,
.
7s, 189;
907..
A W..UI m.i.,11
Sunbury * Erie 1st ni. 7s, fl
yra.OcnUk orn'.,|.i,;»,uit
lexis * pic. nt in ,«4,
STATK AND CITY BONDS.
do
cons m.A>jr.,ltU}
Fenna. 9s, g'd, int., reg. or cp
00 _ ln «*l«'.ill»(»
., .
do 3s, cur., reg
Union
A Tltutv. lit m. 7i, ».
112
do 9a, now. reg. ,1892-1101 111
(lilted N.J. cons.m. ««. '91
do 68,10-15, reg., l-T7-'82. too* 10111, Wirren A F. Illm.ti, tS
107
do 6s, 15-2.1. rcg., !882-'92. 106
West Cheiter cons. Is, tl. ..
do 6a, In. Plane, rcg.,1879
West Jersey 6i, deb., coup., "sa
Philadelphia, 5s reg
do
111 m. (s, cp., t*
old,
reg...
(s,
do
do
utm. 71,11
do 6a, n., rg., prior to '95 117 120
Western Penn. KB. ««,''p.'.8n
do 6s, n., rg., 1395* over IM
I20X
do
U P. fi.,'96
Allegheny County 5i, coup..
CANAL BONDS).
.
.
U
1st in.
innb. II. i.
PHILADELPHIA,
.
Conn. * PasBumpsic.
8tony Crsck
Vermont *
Worcester* Nashua
Bid. Ask.
BOSTON.
Maine 6s
New Hampshire 6s
..
I..
IM
Massachusetts.
L. Sup.
(ICOTATKINS IN
18M-C
lo».
Is
7<,cou.,l«0F 118
ghamok.a VJt Potuv. 7s,
106
8Uub-nr.* Ind. 1st. «•, IBM. 104
Rutlar.d, preferred
411,598,790
481,41:1,885
..4o mort.,
1'lttl.Clii.ABt.
Chesapeake* Delaware
4:16,695,281
20.077.0011
. .
.
Phlla.Wllni.AB.il. a.,14
CANAL STOCKS.
past:
L. Tenders. Deposits. Circulation. Agg. Clear
»
$
$
8
30,061,0011
.
.
3.900
354,800
M0.M8.00a 19,987.600 5l.8SS.10O 243.383,000 80X48,601
The deviation" from p«ta"<» of previous week are as follows :
Loans and discounts
Dec. 12,137.200 Net deposits
Inc.. $3,228,700
Specie
Dec.
84,100 Circulation
Inc..
17,000
Legal tenders
Inc..
8,779,200
Total
* L. Chainplaln
prof
do
Old Colony
Portland Ssco * Portsmouth
Palace Car
I'ltll'i a
Pueolo * Ark nsas
900,000
1.275.8(H)
11, 51
2.886,(HHI
383,1100
Norwich* Worcester
Ugdenin.
Bid.
Pull.* H. coni.mAjJ.ltll. lOlfe 108
do conv. 7s,
•7
do
-i.coap.oaT.'w
48
Phll*4t.Coil*lron deb. U.«2
deb. Is. cps.oO
Ho
St.
V
Louis 6t,10ig ...
t.
witer6s. gold
uo
do new.t
do
do
6i
t
bridge appr.,g.
do
renewal, gold, 6i.t
do
lewer. g. M, 1:*S.t
ao
park,
g.il.t
new
Louil Co.
do
113
1
cur. 7i
t And(nt«--
t
105
io»H 107W
101
107
St7
107
iri)
108
108
107V l*(*
.
...
.. ...
. .
.
X
. .
...,..
—
.
. ..
THE CHRONICLE.
116
NEW
YORK.
Prices represent the per cent value, whatever the par
Railroad Stock* are quoted on a previous page.
active
Vol. XXIX,
|
QUOTATIONS OF STOCKS AND BONDS IN
U. 8. Bonds and
''
.
may
be.
STATE BONDS.
BW. ABk
Bacunrnn.
Alabama-5*,
E
8ICURITH8-
_
Ixiulalana
A Kuf aula K R.
Chart.
_i
RR
8s of 1892
ft of 1683
Class A,2to6
Class B, 5a
Class C,2to5
47M
86
Arkansas—6s, funded
7b, L. Rock A Ft. Scott iss.
7b, Hemp. A I.. Rock RR
7s, L. R P. B. A N. O. RR.
7s, Miss. O. A R.R. RR...
7a, Arkansas Central RR.
«
1
.
1
4
1
1
*
new
110
endorsed
110
new
new
w.
6fl
6ECI-RIT1K8.
Securities.
Missouri— Han. A St. Jo.,'87.
Rhode Island—6s,ooup.'9S-9
New York— 6s,
15
16
15
15
15
15
floating debt
penitentiary
levee
do
do of 1876
36«
4
ioo«
6s, old,
m;<
tut— 100
Illinois—6s. coupon, 1879.
A
Hannibal
gold
New
1888
1887
1888
1880 or •90
Asylum or Univ., due '92
Funding, 1894-95
St.
.In.,
106
do
do
do
41)4
Ch Icago A A Iton, pref
Chicago
Paul
St.
Keokuk A Des Moines.
do
do
pref.
Nashville..
A
A Cln.,
Louisville
.
Manhattan
Marietta
do
Mobile
do
1st pref.
2d pref.
AOhlo
Nashville Chat. A St. Louis.
New Jersey Southern
N. Y. Elevated, ex prlv
V. Y. New Haven A Hartf
Ohio A Mississippi pref
W. A
Pitts. Ft.
Chic. spec'l
101
H
do
do
Coup.. 7b, '01
Reg. 7s, '04.
106
106
1st Pa. div., coup., 7s. 1917
do
reg., 7b. 1917
107
*
pref
Gold A Stock Telegraph.
Canton Co., Baltimore
.
25
pref.
do
Ontario Silver Mining
Homestake Mining
Mining
Standard Cons. Gold
Pullman Palace Car
do
do
do
do
do
41
lisi.,
.
2"
<i
U0
Railroad Bonds,
Stock Ojxtumge Prices,
Bost. H. A Erie— 1st m..
1st mort., guar
North—l8t,6s
84)6
44%
6b, gold, series B, int. def.
6e, currency, int. deferred
A Alton— 1st mort.
«4«
40
22
U»S
Income
106 107
Sinking fund
A Chicago. 1st m.
LouiB'a A Mo., 1st in., guar Xl03
2d 78, 1900.
98
do
St. L.Jack. A Chic, 1st m. 111*
Jollet
.
104
Miss. Riv. Bridge, Ist.s.M'.s
8 p.c, 1st
Chic. Bur. A
Consol. mort., 7a
m
105)*
110J,
121
101
sinking fund
Chic. Rk. I.A P.—6s, cp.,1917
68,1917, registered
6s,
114
M„ 1st, g., 5s.
95
J—
Adjustment, 1903
Lehigh A W. u., con., g'd
assent'd
do
Am. Dock A Iuipr. bonds
assented
do
M
no
101
ioik
ioi'
loij*
103)4
102
82)4
AM
2d mortgage, pref
86
54
109
1st pref. Inc. for 2d
1st inc, for consol
112«
113
1st St.
Nashv.
Marietta
&
I,.
reg., 1st.,
coup., 2d
mort.
x
dlv.7s,ex mat.cp.
s. f
Equipment bonds
Mo.K.&T.— Cons.as8.,l 904-0
2d mortgage, inc., 1911
H. & Cent. Mo., 1st., 1890.
N. Y. Central-fls. 1883
6s, 1887
6s, real estate
6s, eubscription
& Hud., 1st m., cp,
—
.
Central Pacific— Gold bds.
San Joaquin Branch
& Oregon, 1st
State Aid bonds
.Mud grant bonds
Cal.
Pacific bonds..
...
I
109'
m
A Ind's-lst, 7s, s. f. 116
Consol. mortgage
104)6
I,. A N. O. Ten. lien 7a 1100
do
do lat con. 7s 00
Del. l.ack. A Wcst.-2d in
107«
7s, convertible
Mortgage 7s, 1907
*115
8vr. BU vjl. A N. Y., 1st, 7s ,»108Ji
Morris A Essex, 1st
do
2d mort... xlll
* Prices nominal.
C. C. C.
'
107
n
l8tm.,6s,'95.withcp.ctfp xii7
m.
do
m.
do
t
6s, '96
with conp. ctfs
7s, Leav. br., 96..
with coup, ctfs
lstm.,7s,R.&L.G.D'd,99
do
with coup, ctfs
1st in., 7s, land gr't, '80..
do
with coup, ctfs
2d mort., '86
do
with coup, ctfs
Inc. coup. No. 1 1 on 1916
Inc. coup. No. 16 on 1918
Den. Div. 6s ass. cp.ctf.
Pennsylvania RR—
Pitts.Ft.W.A. Chic, 1st m.
do
do
2d in..
do
do
3d m..
1st
(
Clove. A Pitts., consol., s.f
do
4th mort...
Col. Chic. & I. C, 1st con..
do
2d con...
do Tr'tCo.ctfs.lstcon
do
do
2d con
Rome Wat. A Og.—Con. 1st.
+
And accrued
Interest.
7s,
equipment
57
*.
1st, ex land grant, 7a
Grand River Val.-Ss, 1st
115X
*87"
m
Hous.&Gt.N— lst,7s,g„ctfs
Hous.ATex.C.-lat,
Western Dlv
8s
Water works
78,
—
C—
A ugusta, Ga. 7s, bonds
Charleston, 8.
Stock, 6s.
Compromise
Mobile— 5s, coupons on
40
8s,
6s,
gld
Waco....
IS
II
110
108
114
115
114
115
115
coupons on
funded
102
80
55
00
80
5s
3a
Nashville— 6s, old
"j,
new
New Orleans— Prem.,
5s....
Consolidated, 6s
Railroad, 6a
Norfolk—6s
Petersburg—6s
Richmond —6s
Savannnah— 7s,
7s, new
i66'
Wiim'ton.N.C—6s, g., cp.on
55
old
.
.
70
87
87
.
64
92
101
60)6
100
107
97
104
59
103
110
108
106
62
65
TO
70
20
20
25
35
15
15
26
55'
55
10
10
15
30
10
10
22
40
80
80
25
81
24
50"
90
90
28
33
26
105
106
108"
75
60
103
40
8s, gold,
coup. on...
RAILROADS.
Cent. Georgia—Cons, m.,
Ilia'
114
7
Stock
Charl'te Col.A A.-Cons., 7s
2d mortgage, 7s
110
75
57)6
89)6
58
108
113
110
SB
96
Stock
Greenville
7s,
guar
A Col.— 7s,
1st
m
Macon A Aug.— 2d, endors
MemphisA Cha'ston— lst,7s
2d, 7s
Stock
104
Memp. A Lit. Rock— 1st,
Mississippi Cent —lstm., 7s
2d mort., ex coupons...
Miss. A Tenn.— 1st ra., 8s, A
go«
67)6
102
102
M
107
100
115
H
85
107
91
61
108
+103X
101
02
75
111
or,
117
72
80
88
ldo"
80
85
70
76
Stock
Georgia RR.-78
110
102
m
108
A Georgia—6s..
E.Tenn.A Va.—6s,end.Tenn
E. Tenn. Va. A Ga.— 1st, 7s. no
East Tenn.
4s.
1st mortgage, 8s, B
Mobile A Ohio— Sterling, 8s
Sterling, ex cert., 6s
88, interest
2d mortgage, 8s
New 1st mortgage
New debentures
N. O. A Jacks.— 1st m., 8s.
1st, 6a,
55
07
70
100
100
80
40
101
104
H
45'
103M 105
110
115
92« 95
70
70
88
IS
.
McM.M.W.A Al.Br.
Norfolk A Petersb.— 1st,
1st mortgage, 7s
2d mortgage, 8s
n
58
85
85
70
36
84
Certificate. 2d mort., 8s. ..
Nashville Chat.A St. L.— 7s.
1st, 6s, Tenn. A Pac. Br. ..
8s,
84)< 85
1st m.,8s.
106
106.H Northeast.. S.
2d mortgage, 8s
102
104
Orange A Alex'a— lsts, 6s.
105
104
2ds,6s
105)6 106
C—
80
108
104
00
111
107
102%
94
92)6
107
08
108
112
07
100
01
62
31)6
we
1
97
.
.
m
ii'
102« Ala.AChat.— Rec'rs ctfs.var 20
115
Atlantic A Gulf—Consol..
100
no
115
Consol., end. by Savan'h
in
116
U
;
90
104
75
74
.
'
103'
71
Consols, 5
.
n
40
70
110
90
+99
50
73
Consol. bonds
Sds,88
55
56
Indianap. Bl. A W.— 1st m.
4ths,8s
78
Indianapolis A St. L.— 1st, 7a
73
Rich. A Dan.— 1st consol.. 0s
Indianap.A Vine— 1st, 7s, gr 102 104
Southw. Ga.— Conv., 7s, '86
70
International (Tex.)— 1st. 7s
85)6
Stock
105H 105)< Int. H. A Gt. No.-Conv., 8s 28
S. Carolina RR.— 1st m., 7s
Jack.L.A8.—8s,lst,"white" +108 109
7a, 1902, non-enjoined
127
Long Island— 1st mortgage. 105 UWH
Savan'h A Char.— lat m., 7a
120
MontclairAG.L— 1st, 7a,n. 35
60
Cha'ston A Sav., 6s, end.
45
J119
42
N. J. Midland-lst, 7s, gold.
West Ala.— 1st mort., 8s.
2dmort
6
8
4108"
2d mort.. 8s, guar
New Jersey South'n— 1st, 7s 40
COUPONS.
PAST-DUE
80
14
15
N. Y. A Osw. Midl'd-lBt m.
Tcnnesssee State coupons
Receiver's ccrtif's, labor.
57'
South Carolina consol
other.
53
do
79J4 88*
20'
Virginia coupons
Oswogo A Rome—7s, guar.. 05 100
07'
consol. coupons..
45
38
do
Peoria Pekln A J.— lat
; No price to-day
these are latest quotations mode this week.
*121H
94"
61
87
100
100
110
104
73
8s
11
loo
105
106
85
Kvansv. A Crawfordsv.— 7s.
Evansv. Hen. A Nashv.— 7s.
Evansv.T.H. AChlc.-7s,g.
B8X Flint A Pere M.-8s, I'd gr't
Galv.Uoua.AH.-7s,gld,'71
Gr'nd R.Alnd.— lst,7s,l.g.gu
1st, 7s, Id. gr., not guar...
.J.A J.
CITIES.
Atlanta, Ga.— 7s
New
RAILROADS.
Atchison A P. Peak-6s, gld
Bost. A N. Y. Air-L— 1st m.
.
.
Columbus, Ga.— 7s, bonds..
Macon— Bonds, 7s
Memphis— Bonds, C
Bonds, A and B
Endorsed M.AC. RR
97
45
40
.
Virginia— New 10-408
Montgomery— New
Elizabeth City— Short
Long
Hartford—6s, various
MB
10s, pension, 1894.
7s,F.L
nm
grants, 7s
Mo— 1st m..xVoo*
_
.
C. Bt.
45
83)4 84
107)i xl08
91)3 9134
S03
x..
9634
M—
1st m., Springfield div
Pacific Railroads-
1st
OS
40
xlOo
California Pac.— 7s, gold
x90
6s, 2d mortgage, gold
73
Cent, of la.— 1st m., 7s, gold
Chic.ACan.8o.— lstm„g.,7s 50
88
Chic. A East. 111.— 1st m., 6s
inc.,
08)3
53
2d mortgage,
7s
Chic. St. P.A
6a, g., new 102
92
Land grant, 6e, gold
108
Southwest.—
7s,
guar
Chic.A
10JW
80
Cin. Lafayette A Ch.—lBtm
99
96
Cln.ASpr.— 1st, C.C.C.AI..78
UOOM
1st m.,g'd L. S. A M. S., 7s.
Col.AHock.V.-lst,7s,30yrs +106
1 105)4
+100
1st, 7s, 10 years
+100
2d, 7a. 20 years
64
lOOV'llpM Dan.Urb.Bl.AP.-lst,7s,g.
63
113)4 Denver Pac.— lst,7s, Id. gr..g
r
ll. >>i 110
Erie A Pittsburg— 1st m., 7s J100
114'Con. mortgage, 7s
100X
2d consolidated
Income, 7s
1st m., Carondelet Br.
South Pac. of Mo.— 1st m.
Kansas Pac— 1st m. ,6s, '95
1st m., 7871. AD. Kxt..
105)*
Cblc. A Northw.— Sink. I'd.. X.08*
Interest bonds
107
109
Consol. bonds
120*4 x21)*
Bxtenaion bonds
4107
mortgage
xl08
Coupon gold bonds
114
Registered gold bonds
Iowa Midland, 1st ra., ft.
Galena A Chicago, extcn. xl03"
Peninsula, 1st m., conv
Chic. A Milwaukee, 1st m.
110
Winona A St. P., lstm... 108
!(),->;.(
do
2d m
92)^
105
113
+107
+113)4
7s, sewerage
+114
7s, water
7s, river improvement
+113)4
+112
Cleveland— 7s, long
Detroit— Water works, 7s.. +113
1211
do
1st m., reg.
Huds. R.,7s,2dm.,s.f./85 110 111
Canada South., 1st, int. g. 8'
87X
Harlem, 1st m., 7s, coup. J120
do
1st m. ,7s, reg.... Vi^li
N. Y. Elevated— 1st, 7s, 1900 ill
H3«
Ohio & Miss.—Consul, s. fd
112*
Consolidated
Sinking fund
Registered, 8a
Pacific RR. of
2d mortgage
—
—
—
102
+108
Indianapolis— 7*30s
+90
Long Island City
+109
75« Newark City— 7s, long
+114
Water, 7s, long
:«)!
+101
Oswego— 7s
+112
Pougnkeepsie— Water
Rochester- Water, 1903.... +113
+1 10)6
Toledo-8s, water, 1894
7-808
+100
+111
Yonkers-Watcr, 1903
126
120
South. Pac. of Cal.— 1st m,
Union Pacific— 1st mort..
lor
1st
104*
M
H
M
M
4,'t
Rejected (beat aort)
Texas-6s, 1892
MAS. +ios' 105"
7s, gold, 1892-1910
J.A J. +iii 112
7a, gold, 1904
J.A J. +112 113
(Broker** Quotations.)
113
.
100
100
73
(Brokers' UuoVtttons.)
CITIES.
1st mort., 8s, 1882,
Land
863$
86)6
N. Carolina. New 4s
So.Carollna Con., 6s (good)
Miscellaneous List.
gold
Decatur, 1st, 7s
Cln.— 1st mort.
Western
6
xMH
STATES.
Albany, N. Y.— 6s, long
Buffalo— Water, long
121
112)4 Chicago—6s, long dates
Metropolian Kiev— lst,1008
Mich. Cent.— Cons., 7s, 1902
N. Y. C.
57)6
Southern Securities.
*85
$50
ChlC. St. I.. AN. O.,2dm.,1907
7s,
&
78
6s, deferred
D. of Columbia—365s, 1924.
Small
South Minn.— 1st in.. 7s. '88.
1st mortgage, 7s (pink)
57)6
Extension
Tol. Can. 8.A Det— 1st, 7s, g
Union A Logansport— 7s
Union Pac., So. Br.— 6s. gld.
SO
2d mortgage cxt., ex coup
Equipment bonds, 7s, 1883
Consol. conv. ex coupon.
Gt. Western, 1st m., ex cp
do 2dm..7s,'93.excp
70«
121
coup., 1st
.
3d mortgage
,
cons,
cons,
cons,
cons.
2d mort.,
BJM
series
Vlrgina—6s,old
6s, new, 1866
6s, new, 1867
6s, consol. bonds
6s, ex matured coupon...
8s, consol., 2d series
Scioto Val. 1st 7 p.c. s.f. bds +101
South Side (L. L>— 1st mort 85
113)4
.
,
reg.. 2d
Louisv.A Nash.—Cons.m.,7s
82?*
112
Con. sinking fund
m
'0W
l
110)6
AD
AD
AM
1st in., I.
1st in., II.
1st in., C.
'
103
i^
90
90
Chlc.Mll.A St.P.-lst,8s,P. I) A 121
2d mort., 7 8-10, P. D...
> 112)6
112
1st m., 7s, t gold, R. D.
113
1st m.. La C. Div
I.
St.Chas.B'dge.lst, 7s, 1908
North Missouri, 1st m., 7b
Alton A T. H.— 1st m.
Tol.&Wab.-lstext.7s,excp. xl08
.
U*H
Central of N.
1st m., '00.
1st consolidated
do
assented
Convertible
assented
do
1st m.,
106
1st mort., sterling
35
Minn. A St. L., 1st, 7s, guar
Chesap. A O.— Pur. m'y fund 100
Keok.A DCS
104
110
Det.Mon.&T..lst,7s,'1906
Lake Shore Div. bonds
100
8
Registered.
St. L.
.
Consolidation Coal of Md.
Pennsylvania Coal
Mariposa L'd A Mining Co.
Q—
iooVJ
Buffalo & Erie, new bds.. tllB
Buffalo & State Line, 7b. U04
Kal'zoo & W. Pigeon, 1st.
American Coal
Chicago
a
V
Pacific Tel
District Tel
Bur. Ccd.R.i
6
new
new
Iron Mount'n— lstm 118)$ xlll St.L.A San F.—2d m ..class A
2dmoitgage
2d mortgage, class B
93)J 04-Jj
Arkansas Br., 1st mort ... :
95
do
class C
Cairo A Fulton, 1st mort
8t.L. A S.E.-Cons.. 7s, g.,'94
Cairo Ark. A T., 1st mort
St.L.VnndaliaA T.H.— 1st m •107
8tX. K.CA N.-H. E.A R.,7s 1105
88
2d mortgage, guar
Omaha Div., 1st mort., 7s
.... 105)6 Sand. Mans. A Newark— 7s..
101
106)4
Ill
N.Y.L.E.&W.,n.2d,con.,68
(
Quicksilver
.
Ji
. .
United States Express
Wells, Fargo A Co
A
9*4
do 1st, con., f, cp.,7s
do 2d,con.,f.cp.,oB,6s
LOtA 106*
Han. & 8t. Jos.—8s, conv
O.ATol., 1st, 78,'90,excp.
144
IH.Cent.— Dub.&Sioux C.lst
lll.ASo. la., 1st in.7s,ex cp
West. Un. Tel.— 1900, coup.
Dub. & Sioux
2d div.
Cedar F. & Minn., 1st m.. 100
1900, registered
47
471* Lake ShoreSprlng.V'y W.Works, lst6s.
47«
Mich S. A N. Ind., s. f., 7s. 111
INCOME BONDS.
Cleve. & Tol.. sink, fund., no ill* Central of N. J., 1908
14)6
new bonds. *10»K
do
I,eh. & Wilkes B.Coal, 1888
38
30)6
Cleve. P'vllle A Ash., old. 100% 101
8t.L.l.M.AS.,lst 7s,pref .int.
34«
new 113
do
do 2d Int. ,6s. accum'e
American Express
do
let con., g'd..
HIS
Long Dock bonds
Buff. N.Y.&E, lstm., 1916 tut;
8)6
Miscellaneous St'Ux
Adams Express
American
H
50
15
St. I...&
110
4th mortgage, 7b, 1880 ....
6th mortgage, 7b. 1888 ....
7s, cons., gold bonds, 1920.
excoup.,Sept.,'79&prev
124
Rensselaer A Saratoga
8t. Louis Alton A T.
pref
do
do
Terre Haute A Indianapolis
United N. J. RR. A Canal ..
Atlantic
6s,
8s,
Albany &Susqueh., lstm.
do
income
Belleville A Bo. 111., lstm.
do
2d mort.. 107
3d mort.. 100
Tol Peo.AW.— lstm., E.D.
do
1st mortgage, W. D
do
1st con., guar 104J4
125
Burlington Dlv
Rens.& 8aratoga, Ist.coup $
5:%'
125
2d mortgage, 1886
1st, reg
do
42V; Denv.A R.
98M
iBt.lOOO
Consol., 7s, 1910
Grande—
121)* iyj-"i
Pur. Com. rec'pts, lst.E.D
Erie— 1st mort., extended.
104),, 105
2d mortgage, 7s, 1879
do
lst.W.D.
110
109
do
Bur. Dlv.
3d mortgage, 7s, 1883
—
.
II.MVMIS STOCKS AND BONDS.
xH6><,
.
City
A Laf
Ind.Ctn.
114)6
A Minn....
Dubuque A Sioux
Harlem
IIIM
construct'n
7s of 1871.
Del.&Hud.Cana.-l8tm.,'84 102^
1V2H
let mortgage, 1801
103
do
extended
.
A
Non-fundable
Tennessee—6b, old
Ohlo—6s,1881
103)6
Morris &Efls'x,b'nd8, 1900 t&U4
{Active preciously quoted.)
do
RR
Special tax, class 1
class 2
do
do
class 3
act, 1866
J
J.
1889, A.AO..
Com., 1889,
7s of 1888
J. A J
A.AO
bonds,
Chatham
.an. I
112
55
15
15
15
40
40
68.1888
RAILROAD AND
Albany A Susquehanna ....
Boston A N. Y. Air L., pref
Burl. Cedar Rapids A No.
Chesapeake A Ohio
1st pref.
do
do
2d pref.
do
do
I
AJ
A.AO
104
AOct
Funding
J.
104K 106
.
Railroad Stocks.
A.AO
do
108)4 10W*
1886.
April
do
do
coup. off. j. A J.
do
coup, off, A.AO.
Funding act, 1866
do
1868
Si
'8!
due
due
due
due
6s,
6b,
6s,
6s,
1887
North Carolina—6s, old.JAJ
No. Car. RR.,
of 1910
consolidated
small
Micntgan-88, 1883
Bid. Ask.
South Carolina—6s
Jan. A July
gold, reg.,'87
6s, gold, coup.,
6s, loan, 1888.
6s, do
1891
6s, do
1892
6s, do
1893
ii'
.
7s, 1880
4
1
X100
6s,
6b,
7b,
6s,
8s,
8e,
8s,
7b,
7s,
—
Missouri—os, due 1882 or
107
Connecticut—6s.
Georgia—6b
7b,
7s,
7b,
100
Kentucky—6s
it*e
ft, 1886
ft, 1888
ft; Moot*.
Ask
Bid.
Illinois— War loan
1663.
60
112
112
60
115
115
20
10
30
80
n
M
.
Auocst
A
.
.
THE CHRONICLE.
2, 1870.]
NEW YORK LOCAL
Bank Stock
117
SECURITIES.
Insnram
Lint.
[Qnoutlons by K.
Companies.
Capital.
at latest
dales. {
Mark'd thus (•)
Are not Nal-
B.
Psioa.
I'lTiDjjnna.
Surplus
Met
Period 1877.
Surplui
Jan. 1,
Last Paid.
DiviDians.
WW 1877
1879."
A
J.
i.ran.o o J.
1,214 400 M.AN.
193,100 .1. A J.
J.
,000,000 1.202.100 I.
98 800 J.
J.
800,000
Dr. an
100 2,000,000
348 00 J.
J.
America*
100 .'1,000,000
Am. Exchange 100 0,000,000
Bowery
Broad way
100
060,000
H
Butchers' A
Central
Chase
100
Chatham
100
Citizens'
SB
1.000,000 1,4 1.000 M.AN
too .000,000 2,633 900 I. A J.
1««,700 J.
J.
Continental
too 1,000.000
Corn Exch'ge*. too 1 ,000,000 82H.0O0 F.AA.
fltlSOO J. A J.
.lastKlvnr ....
as oocooo
100.00(1
11th Ward'.... as
11,400 I. A J
HKI
150,000
ruth
43,700 J. A J.
lOO.tKIO
Fifth Avenue'. 100
180.0(0
Flr»t
600,000 1.6:9.000
too
9117.900
Fourth
I. A J.
100 3,200,000
City
8
8
10
e
1IK1
Commerce
....
A
Fulton
n
Gallatin....
Ml
100
100
Germanla*
lit)
700,000
200,000
200.000
80
40
2*5,000
Hanover
100 1 ,000,000
217,30
Imp. 4 Traders' 100 1,500.000 1,889,900
Irving
Island City"
...
500,000
100,000
no
fO
Leather Manuf. 100 000.000
Manhattan*.
no 2,050,000
.
M
Manuf. & Mer."
Marine
1(H)
Market
100
Mechanics*
Mech. Assoc'n.
Mech'lcs A Tr.
Mercantile
Merchants'. ..
Merchants' Ex.
an
2,0( 10,000
600,000
300,000
Ml'
25J
Oil
1,000,000
300,000
..
3,000,(i00
Murray Hill'..
1
100,000
1,000,000
2,000,000
New York
N. Y. Couutv..
N. Y. N. £xch.
Ninth
No. America"..
700,00(1
240,00(1
Oriental*
300,000
422,700
Pac flc
Park
People's*
Pheulx...
Produce*
Republic
St. Nicholas...
100;2,000,000
251 412,500
20 1.000,000
100
1L',.(MI
100 1,500,000
100, E 00,000
Seventh Ward. 100
Second
100;
Bhoe 4 Leather 100
100
Union
ioo i,eoo,ooo
40 1,000,000
50 1,200,000
108
200,000
Third
Tradesmen's
Side'....
100,
12.1
300,000
300,000
600,000
200,000
300,000
Sixth
State of N. T.
10
7
,
800
53,100
81.000
238.300
(i
'
I.
a
7
3
7
11
Adriatic,
}?/?»
yfitna.
Amity
08W
July, "111.
July, •76. 3
July, •79. 8
TO 8
May
'79.
,
"79.
8
2^
*7l>.
5
*77.
6
'79.
'77.
)Uly, '79.
3
8
July,
July,
July,
July,
May,
July,
0^
3«
104
Karragnt
Firemen's
Firemen's Fund
Firemen's Tr..
Mankllt.AKmp
German-Amer.
ioa
July, '79 3W
July, '79. 2(?
Importers'*
181H
Irving
Jefferson
7.-1
98
tat
July, '79. 8«
July, '79. 4
July, '79. 6
'79.
V*
is
Howard
6^
July,
July,
50
00
117
2M
'79.
Hanover
Hope
May,
2U
4
"79. 4
T
.
^
Kings Co.(Bkn)
Knickerbocker
Lal'ayctte(Bkn)
Lamar.. .'
Lenox....
Longlsl.fBkn.)
Lorillard
Manuf.* Build.
Manhattan
so
tii
8
vug
'79.
S'A
Mech.ATrad'rs'
Mech'lcs'(Bkn)
3
8
'79.
-77.
'79.
2u
Mercantile..
3
Merchants'
'79.
4
i'l
10
Ju.y,
July,
July,
July,
12
10
Aug.
6
10
a
8
6
"4
"A
J.
2H
79.
'79. 8
July, '74. SI*
Au.r. "79. 3j,
Aug. >79. 3
July, '78. 3
July, '79. 4
luly, '79. 4
,
I.A J.
41200 I.A J
196.100 M.& N
10
104,000 I. A. I.
269 400 J. A J.
660,050 M.AN
1 04,7c
J.
J.
Jan., '78. 8
'•: July, TO.
8X
May, T9. 4
10
8 July, '79. 6
6
7
3
A
Niagara
North PJver....
Pacific
Park
Peter Cooper...
People's
Phenix (Bklyn)
July, 79. 3
May,
3U
'79.
....
National
N.Y. Equitable
New York Fire
N. Y. A Boston
New York City
J'ly.'TO. 8
July, '79. 3Ji
Jan
.
Montauk (Bkn)
Nassau (Bklyn)
3^
Produce Exch.
Kelief
Kepubllc
Kidgewood
Bulgers'
5
o,
The figures In this column are of date June
same date for the State banks.
for the National banks, and
Standard
[Gas Quotations by George H. Prentiss, Broker, 24 Broad Street. 1
Par.
Brooklyn Gas Light Co
Citizens' Oas Co (Bklvn)
do
ootids
Harlem
Jersey City A Hobokes
Manhattan
Metropolitan
1.C00
'.
.....
do
do
do
do
Central of
„
bonds
certificates.
New York
Metropolitan, Brooklyn
Municipal
.
bonds
[Quotations by
Var.
Var.
A.AO.
60 1,800 000 F.AA.
20
750,000 J. A J.
60 4,000,000 I. A J.
100 2,500.000 M.AS
V r. 1,000,000 M. AS
100 5,000,000
Williamsburg
do
scrip
do
316,000
H
Quar.
1,000 1,000,000 F.A A.
25 1000,000 Var
Va . 700,000 M.AN.
100 4,000.000 VI. AN
10 1.000.000 J. A .1
1,000
300,000 M.AN.
Var.
300,000 J. AJ.
50
406,000 F.A A.
60 l.OOO.CKK) Quar,
Var. 1,000,000 I.A J.
100 1,000,000 M.AN.
100 1,000.000
750 000 M. AN.
L.
Date.
Period.
25 2,000,000
20 1,200,000
do
certificates
Mntual.N. Y
do
bonds
Nassau. Brooklyn
do
scrip
(lew York
People's (Brooklyn)
Amount.
St. Nicholas....
Star
Sterling
Gat and City Railroad Stocks and Bonds.
Gas Cohpaniib.
I
Sal^uard
14, 18!9,
Grast, Broker,
145
gu
7
a
m
1898
Feb., '78
100
45
149
90
as
'79 101
tfl Apl., '79 50
1882
10 1
July, '79
May, *7h 82
H
'79
May,
4
m
Jan.. '76
i
18
1997
DO
3L. Ian , '79 70
3
Feb , "79 IB
2
Jan., '79 70
au Jan., '79 80
2U, May, '79 49
3
Feb.. '59 110
«
United States..
Westchester...
Wllllamsb'g C
.
125
aw Feb..
31/,
Tradesmen's....
'79 110
July, '79 00
Jan., '79 183
June, "79 140
Feb., '79 110
3
Stayvesant
Ask.
•
May,
KM
1888
60
lit)
100
Home
6
17
10
10
IOO
Guardian
Hamilton
Hoffman
3«
30
00
no
$3
20
Germanla
Globe
Greenwich
1
May,
City.... too
Exdange
•Jot
'79. 3;
'79. 2
'79. a
'79.
'79. 4
'79. 2
'79.
*79. 3
e
30
00
Continental.... 100
40
Kagle
...
400
3^
'79.
Joy,
Aug.
Columbia
Commercial
Empire
6
July, '79. 4
Jan., '78. 8
'79. 4
«H
12
a
17
70
IOO
City
Clinton
'Over
all
Bleecker 3t.it Fultonterry—tti..
1st
mortgage
Broadway
1st
d\
Seventh
Are— elk..
mortgage
Brooklyn Cat— slock
1st mortgage
Broadway {Brooklyn)—slock.
Brooklyn <t Hunter's Pt— stock
1st mortgage bonds
900,000 J. A J.
694,000 J.
100 2,100,000 Q-J.
7
1,000
9
7
10
1,000
100
100
1,000
Bunhwlck Av. (H'klyn)— stock.
100
l^nlral Pk„ S.Jt W. »r«r- stk.
100
Consolidated mortgage bon s. 1,000
Dry Oock, A. II. it Battery—
100
1st mortgage, cons'd
EOOAc
Eighth Avenue— stock
100
1st
mortgage
2d 81. <t Urand St terry —stock
1st raorteMge
Central Croeti 'Jotcn- stock. ...
1st
mortgage
BowOcn,
K'eet
tf.d-Puv.F'y- stk
lstmortgage
SeKond Avenue— stock
3d morlgace
Cons. Cnnvertl.ili:
Extension
ftxth Avenue- stock
1st
mortgage
third
Aveiue — stock...
lstmortgage
ln*tnlt/.lh(ra Street— SIOCK
1st mortgage
H
100
1,000
liabilities,
ma
80
65
80
95
50
121
108
1,000
1,500,000 J.
2,000,000
AD.
Q—
F.
300,000 M.AN
200,000 Q-J.
400,000 A.AO.
800.000 J.
500,000
1,800,000 J. A J
1,200,000 J. AD.
1,200,000 Q-F.
900.000 J.
1,000,000 I.A .1.
203,000 J. A J.
AD
748,000 M.AN.
1,000
i86,000 A.AO.
100
000,000
1,000
200,000 M.AN.
100
200,000
500
500,000 1. A J.
100 1,199,500 Q.— F.
l.ooo
100.000 A.AO.
1.000 1,000,000 M.AN
OOftc.
2DO.OOO A. A I).
100
700,000 M.AN.
1,000
410,000 I. A J.
100 2,000,000 Q-F.
1,000
,000,000 J. A J.
100
000,000 I A J.
1.000
200,000 »I.AN.
100
"79
79
iivo.
In y, -84 101
3JaAug. 79130
Nov., '80 102
July, '79 135
Oct., '76
1888
July.' '79
Ddc.1902
Aug.
'79
lu. e, -93
July,
"9
Ian., '84
'78
Apr., '93
102
140
110
150
100
102
92*»
50
97
95
106
iib'
May,
155
115
40
101
Sov'.liJOl
20
86
July, -94
Apr., '78
Apr
20
90
65
S2«
'85
May, '88
Sept. '83 ..
May. '77 95
July, '90 105
M B y, '79 120
JIB
ISO
July,
101
,
MO 98
lug. "79
.
T>3
97
July,
B
"TO.
»
July. "m.
70
July. 2». 8>
10
Ju y, 29. B
N'ot Jan.. "77. 4
10
Jnly. 78. 6
20
June, '7g. 10
80
Feb..'7t».10
ao
Ju y, "79.10
4
10
80
80
80
80
80
17«
18
8
25
in y,
10-73 Feb..
18
luly.
N'ne luly,
18
Ian..
13 40 July,
1200
80
80
86V
1"*0
1*1
'7».10
_.
'77.
MO
I
6
S
"79.
too
90
1
B
180
n".
47
103
"7VO-83 173
S
19.10
Apl., "9.10
July. 79. 5
10
10
IS
10
14
10
10t>
56
120
17b
\tw
•*t>
1(8)
'
Aug. 79. 6 too
July, 7n. 7« 120
July, 79 8s, 95
30
N'ne luly.
77. S
..
IB
12
10
12
2(1
10
in
10
:io
110
"79. 7
lis
"79. B
175
"79. 7
Jo y. '79. S 107
Ju y. '79. 71,
luy. '7». s>,
115
July '79. 5
Ju'y,
July,
B
10
10
10
10
10
20
10
10
M'ci "79 B
13»
80
S
16
luly,
Ja.. .
luly,
Jo y,
S
"79 6
UK)
•0
120
S
5
91
80
5
180
60
10
10
10
10
18
80
17
18
10
80
80
10
16
18
20
10
80
14
Kl"
N'ne
N'ne Ja».,
12
11
11
10
ao
80
20
10
80
18
20
14
"79.10
"79.
"79.
Jaly. '79.
luly, '79.
Ian.. '79.
July. "79.
July. '79.
16
10
2(1
6
llfi
ioo
108
190
110
118
oo
79.10
'79.
"79.
'79.
'79.
90
14
July,
.lulv, '79.
Ju'y. '79.
"79.
20
luly, '79.10
Aug
too
70
110
110
6
5
5
5
5
10
12
10
7««
'tii
3K
16
180
120
90
July. "79 10
JOlT, '79 8
Feb., "70 8
80
16
10
20
ISO
128
86
80
no
9
1235 683 Inly,
17* 12« July,
10
10
Feb ,
110
118.
165.
lf,5
210
3X
16
170
'80
117
5
79.
J>*n.,. "77.
July, "79. 6
Inly. '79. Sli
Ju y, '79. 5
ao
78
102
N'ne
6
90
!30
IDS
Ju'y. "79. 6
Jnly, •79 5
10
106.
80
13
15
10
71
180
105
July. 79. 6
Apl.. •79. 4
July. 79.10
J'Jiy, "9. 6
Ian..
70
1M)
30
18
95
10B
IIS
July, "79.10
July, "79.10
July, "79. 5
July. '79. 5
July, '79. 5
Ju y. 79.10
July, '70. 5
July, '79. 5
Feb.. '79. 7
80
90-
137
14(V
18
10
10
10
18
20
16
10
125
170
8
B
80
80
80
8»
"TO-
IW>
July. '79.16
July, '79. 8
123
July, 79. 5
Jan., "79. 3H .V)
ii
Jao.. "79 B
Ju y. '79. S 100
July. '7w. 3K 80
10
21.
185.
CM
10
12
13
10
180
140
July,
20
10
10
10
10
12
IOO
luly. "79. S
lo"
22
10
ioo
'
11
30
|ibf
'
too
120
B
iib'
t Inclusive of
t
Quotations by
Hum A. Mouak. Broker,
Wall Street.]
10
Intmast.
Paioa.
Bonds
Months Payable.
.V,to
York:
Waterstock
1841-6.'
Croion waterstock. .1846-51.
..1S52-60.
do
ds
Croton Aqned'ct stock. 1865.
pipes and mains...
do
reservoir bonds
lo
Central Pai k bonds. .1853-57.
as
do
do
..1858-65.
1F70.
1-75.
7
8
t:o
do
do
New
do
do
do
Feb., May, Aug.A
do
do
tfo
Oo
May A November.
May A Novcnber.
1S65-4S.
1869
7
1819.
7
var.
var.
var.
§*
Consolidated
Westchester County
do
do
do
May A November.
Nov
7
8
6
8
Consolidated bonds
Street Imp. stock
Feb., May Aug.A Nov.
B
6
«
6
do
do
do
do
do
January
do
7
;«•
do
do
do
do
do
Jajuar)
do
do
do
do
ao
do
May A
,
do
do
Park bonds
Bridge
1901
1888
1879-1882
1896
1894
do
1
New
l'.s
ion
lit
108
118
Jo
do
do
do
do
November.
flats.
1!3
1165
105-
ioau
108
113
118
;
106
110
!ll9
St.]
1879-1880
1881-1805
1915-1924
190C-1824
July,
lo
108
111
188
187
127
101
102
125
1-3
19041912 121
lUX
18V9-1905.112
1881-1890 108
Jia
10K
107
115
18T80-18H3 lo3
1880-11*8 101
1984
,113
January * .i»'y.
da
do
.»
•All Brooklyn honors
124
113
100
:o»
:o7
1879-1880 108
A July,
A
ior
106
107
118
100
1880
1890
104
1883- 1880' 104
1884-1911,106
1SK4-I900lll0
1907-1911 119
108
1898
!i<
18MB
1901
183
107
1898
1894-1887 iik
1KS1I
[Quotations by K. T. Basas, Jr., Broker,
Hrooklyn -Local luipr'euiV
CHy bonds
do
P.rk bonds
Water loan bonds
Brlope bonds
.,
Water loan
City bonas
Kings Co. bonds
Ask
due.
IK*
1907-1910 112
I
!00
75
80
100
100
10.4
103
This column shows last Jlvldenu on stools, but she date of maturity of 6on<!»,
vt
5
f
Bid.
City Securities.
Impovementaiock
18
Paioa.
Last Paid.
Including re-Insurance, capital and scrip,
101
I
July,
124037
m
Dock bonds
do
IJ'ly.lOOOl 85
"03,041 ao
1.00,000
Market stock
*
July,
1,442 8
87,545 10
410007 20
1878.
scrip.
120
104
60
60
90
92
22
10
18
18
10
10
500,000
685,899
200,000
78,817
100
3,000,000 1,363.4*9
20
l'O.OOO
15009
00
600.000 206,609
00
200 .000
111,928
200,000
too
32,968
311
200.010 t314,O03
20
150,000
199,901
40
27,381
280,000
00
loo.ooo
156,5*7
100
2(KI,(H(0
110,473
55,00.0
as
150,000
200,000 281,942 ...
so
26
300,000
71,611110
200,000 2112.231 11
100
250,000 241,421114
100
200,000
281037180
25
186,069 20
00
150,000
200,000
51,380 10
00
206,979
200,000
oo
20
00
200,000 114,189(20
174,0X1 2.5
200,000
BO
124.331116
200,000
87>i
210,000 324.202 20
35
100
200,000 160,005 ao
24.571
200.000
100
.00,0(11
loo
300,000
000,000 455,012
00
112,717
20
350.000
426,132
20
200,000
103,552 20
200 ODD
100
200,474 80
100,000
80
108,104 20
50
150,000
731,322
20
1 000,000
BO
21111,'iiHI
too
aM
59,449 10
00
200,000
34,673 10
300.000
ioo
71,991
100
13
800,000
200,201 85
200,000
25
103,695 15«
200.000
100
200,000
89,080 10
25
200.000
170011 11-50
SO
300.000
171,318 15
100
200,000
49,231 10
100
800,000
144,517 20
25
300,000
181.302 25
20
250,000
831031 10
800,000 170,619 10
10
250,000 450017 20
00
1160
Broadway.]
I
7,107 10
20
15
I53.0OO
203,041 2<l
300,000 503,769 20
210.000
178080 20
20O.OOO
150,018 2<)
300,000
11,186 10
200.000
170,523 86
1.000,000 1.038,488 U'4S
300,000
S140B3 80
800,000 102,001 14
200,010
121,604 go
200,000
161.067 IS
204.000
85025 10
150,000
10
160.000
86,818 12
200,000
130,330
,000,000
815,049
600,000 754.424
200,000
127,116
200.000
34 1.301
200,000
85^143
20
Citizens'
ISO
3H
5
3«
July,
July,
fj
Brooklyn
3
5
"70.
M
Bowery
Broatway
79. 4
79.
ioo
Atlantic
79.15
"79.
"19.
800,000
800,000
400,000
200,000
800,000
800,000
300,000
200,000
100
...
American
no
American Exch ioo
8"
TO.
luly, '79. 7
AJ
A
May,
Ju y
miy,
Aug.
sur,
May,
May,
May,
lac,
F.AA
I.
3
B
9.
Apl., '79. Si,
'
MAN.
80,700
47 500 M.AN
700,500 I.A J
7*,? 00 J. A.1
70.600 F.A A.
71 000 J. A J
64.600 I.A J
s»ii J. AJ
1(19.900 I.A.)
211 500 Q-F.
309.500 I. A J
1S8.3O0 I.A J
1'3,100 J. A J
n8 700
337,200 F.AA
200,000
300,000
700,000
North Klver'.
id
179,00
708,000 .I.A J.
144.400 J. A J.
67,900 I.A J.
842,000 I . A J
8000,000
Nassuti*
West
.(
10
Ta
.1.
131.100
A.I
6 700 J. A J.
427.800 i. .V
'.,C 59.000 P. A A
8,800 •J. A J.
101.900 I. A J.
288.800 J. A J.
070 too J. A J.
68.700 M.AN.
78.000 M.AN.
000,000
\f"
.
Metropolis'.
Metropolitan
100,000
400,000
500,000
M.AN
A J,
I. A
J. A J
Jaiy,
July,
m M
14,SOi
18,4(10 I.
200.(1011
•lu'iy!
10
To
M.AN.
671,200 A. A O.
52 400 F.AA
49,900 May.
4^,100 May.
,000,000
German A^i.'
German Exch.Greenwich'....
Grocers'
398 400
000,000
1
2*
22'
Inly, •79.
July, "79. 8
July, '79. 3
July, TO. 3«
16
300,000
27,900
•"„•
400,000
106,600 j.'a'j.
6
uoo.ooo 3,221 000 Bl-m'ly 100
100
000,000
1H7.000 J. A J.
«H II
2-,
..
Inly.
May.
A
A
A
i
Chemical...
Stock List.
BaIL»T. Broker, 7 IMne straat.)
[Quotations by C. ZAtousmi. 47
Jersey Vtty—
Water loan, long
1849-n.
do
1864-e*.
Sewerage bonds
Assessment bonds... 1870-71.
Improvement bonds
16W-W.
Bergen bonds
£
7
••••••
Montgomery
St.,
jersey City.
1895
January A July.
1899 -Wff
January A J"it-.
1478-1-™
do
do
Jan ., Mar, Jnly * NOT, 1878 -<79
1891-ii
J. A J. and J AD.
inoi
January and July.
|
I
|
7
1
97
Ri
101
97
97
97
j,-
9"
'
91
—
:
:
THE CHRONICLE.
118
%\xwstmmt$
STATE. CITY AND CORPORATION FINANCES.
The Investors' Supplement i8 published on the last Saturday
of each month, and furnished to all regular subscribers of the
Chronicle. No single copies of the Supplement are sold at the
regular
office, as only a sufficient number is printed to supply
subscribers. One number of the Supplement, however, is bound
up with The Financial Review (Annual), and can be purchased
in that shape.
ANNUAL REPORTS.
Pennsylvania Company.
year ending December 31, 1878.)
The Pennsylvania Company is the well-known corporation
which operates the lines of the Pennsylvania system west of
Pittsburg. The pamphlet report of the company for the year
1878 has recently been issued, and supplies the following
(For
tlie
information:
The following statement shows the net result to the company
from the operation of its leased roads, its income from Union
Line Bureau and from miscellaneous sources, and the charges
against the same for the year, and the resulting profit; also the
credits and charges to profit and loss for account of the business of previous years, and the state of that account at the
close of the year 1878, viz.:
Profit in operating the Pittsburg Ft. Wayne & Chic. Railway.
New Castle & Beaver Valley Railroad.
Do
$728,593
19.532
22,824
. . .
Do
Lawrence Railroad
.
Creek Valley Railroad Company. The Pennsylvania Company
received for the bonds it had acquired of the Ohio Central
Railroad Company, and for its cash contribution for the purposes of the reorganization amounting to $27,025, $156,000 first
mortgage bonds of the Columbus & Sunday Creek Valley Company. That company is now engaged in completing its road to
a connection with the Pittsburg Cincinnati & St. Louis Railway, at or near Summit Station, and in extending the same
from Moxahala south to the extensive and valuable coal fields
of Perry County. Ohio, which work is expected to be finished
during the coming summer."
penn. co. general account, december 31, 1878.
—
Dr.
Securities
Equipment
Seal estate
Union Line property
Due for betterments to leased roads
Due by Penna. RR. Co., not including current balances
Due by other companies
Due by station agents
Equipment
Total revenue
Against which is charged the following
989
1,643,811
997,051
513,102
271,117
568 822
21J647
137,502
48,485
Cash
Advanced Union Bridge Co., Toledo, Ohio
Advanced to pay coupons 1st mtge bonds, G. R.& I. RR.Co.
Purchase of liens on real cstate.bought by C.C.& I.e. RR. Co.
Sinking fund for registered 6 per cent, bonds of Pennsylvania Co., secured by P. Ft. W. & C. RR. Co. special stock...
& Ins.
Philadelphia Trust, Safe Deposit
Sinking funds for leased roads
113,000
345
Co., Trustees
1,279,168
$25,894,557
Total
Ck
Common
Less unpaid
$3,771,250
771 ,250
Preferred stock
$3,000,000
8,000,000
356,516
stock
Total capital stock
$11,000,000
six per cent bonds issued
7,000.000
Registered 6 percent bonds, secured by guaranteed special
stock of P. Ft. W. &C. R. R. Co., issued
3,200.000
Due Lessor Companies for Supplies, etc
803,410
Due to other companies
978,193
Duo for current expenditures in operating leased roads
l,33*i,607
Miscellaneous liabilities
219,657
Reserve fund— leased oaas
1,279,168
Balance to credit of profit and loss account, Dec. 31, 1878..
77,520
Judgment
2,946
324,479
70,960
.
$15,357,388
267.448
808,545
921,906
2,773,024
170,600
Stock of supplies
Miscellaneous assets
$114,434
561,746
37,500
47,328
45,216
Real estate
Toledo & State Line RR for four months
Dividends collected on stocks
Interest collected on bonds
receivable
Bills
. .
Net profit in operating leased roads
Net earnings of Union line property.
Rent of Monognbela Extension
[Vol. XXIX.
interested to the extent of holding $116,567 of the obligations
of the contractors, secured by $235,000 first mortgage bonds of
that company, was sold in March, 1878, under foreclosure proceedings having in view its reorganization ; this was accomplished in November following, and the property transferred to
the reorganized company, known as the Columbus & Sunday
$770,950
$217,437
Less loss in operating the Erie & Pittsburg RR.
Cleveland &Pittsb. RR..
80,012
do
Do
Jeff. Mad. & IucVpolis RR.
51,937
do
Do
7,128—
Toledo & WoodvilleRR ..
do
Do
Do
Do
Do
1
:
$1,504,610
i
Advances
to
Pittsburg Cincinnati & St. Louis Railway Co
$180,410
Indianapolis it Vineennes RR. Co
218,001
Indianapolis & St. Louis RR. Co
47,653
Cincinnati Richmond & Fort Wayne RR. Co
26,980
General expenses
66,296
Interest on floating debt
30,871
Interest on 6 per cent registered bonds, secured by
guaranteed special stock of Pittsburg Ft. Wayne
& Chicago Railway Co
155,925
Total charges.
Add
profit for 1878
profit on sale of securities applicable to previous year.
St.
.
I) ii
I
ii
th Railroad.
:
$778,471
16,010
RECEIPTS.
Freight
Passengers
Mails
Express, rent,
$794,482
Less the following
Amount carried to reserve fund for accouut of sinking funds
of leased roads
$187,200
Balance to debit profit and loss account, Dec. 31, '77
74,047
Reduction in the value of securities aud bills
receivable received in previous years
455,713—
Panl &
(For the year ending May 31, 1879.)
This railroad will be remembered as the reorganization of
the Lake Superior & Mississippi. At the recent election, the
company passed into the control of parties interested in the
Chicago & Northwestern. The annual report gives the receipts
and expenses as follows
726,138
Net
$25,894,557
Total
$343,741
78,210
10,181
7,158
&c
Total, 1878-9
Total previous year, 1877-8
Balance to credit of profit and loss, Dec. 31,1878
$77,520
" Under an arrangement made by the respective Boards of
Directors of the Pennsylvania Railroad Company and of the
Pennsylvania Company, the $7,000,000 first mortgage six per
cent bonds of this company, held by the Pennsylvania Railroad
Company, were exchanged, as of December 31, 1878, for an
equal amount of judgment bonds, dated January 1, 1879, and
bearing interest at the rate of 6 per cent per annum. The
exchange of these bonds enables your company to make such
disposition of its real estate, securities ana other property,
covered by the mortgage that secured the first-mentioned obligations, in such manner and to such extent as the interests of
the company may require from time to time.
" During the year, your company sold to the Pennsylvania
Railroad Company the remaining $1,700,000 of its 6 per cent
bonds, secured by a deposit of Pittsburg Fort 'Wayne &
Chicago Railway Company special guaranteed stock, at 80 per
cent of its par value, with the Philadelphia Trust, Safe Deposit
and Insurance Company. This sale and that of certain other
securities enabled your company to pay off all its bills payable
outstanding at the close of 1877, amounting to $2,933,699,
leaving your company at this date without any floating debt.
" The operation of the Sinking Fund, established for the
redemption of the 6 per cent bonds above referred to, resulted in
the purchase of $91,000 bonds during the year, making a total
thus far redeemed of $113,000.
"Under arrangements previously made,"the sale to the Toledo
& Ann Arbor Railroad Company of the Toledo & State Line
Railroad, extending from the northeastern line of the city of
Toledo to the line dividing the States of Ohio and Michigan,
was completed during the past year.and the road was thereupon
consolidated with the Toledo & Ann Arbor Company, and your
.company received therefor $80,000 of the first mortgage bonds
of the consolidated company.
"The Ohio Central Railroad, in which your company was
$439,291
483,349
EXPENDITURES.
716,961
General office expenses
Maintenance of roadway
Maintenance oi equipment
Transportation expenses
$21,915
1 1 2,198
57,91
157,245 -$352,272
Net railroad receipts
$87,018
LAND DEPARTMENT.
From land sales
From stumpage, or
$53,415
172,184
sale of timber
Of which payments were made
iu preferred stock.
.
$225,599
185,577
$40,021
Cash receipts
Expenses Laud Department
19,100—
20,920
$107,939
OTHER EXPENDITURES.
Fixed Charges.
Paul Railroad
of Stillwater & St.
i
Interest
State taxes (2 per cent to Jan. 1
Rent
Insurance
Special
aud
legal expenses
;
3 per cent since)
.
$20,000
9,169
10,301
2,607
2,551
—
Leaving net receipts
44,629
$63,309
There has also been expended on account of improvements and additions to property
Railroad
$5,689
Equipment
Machinery
Northwestern Equipment Trust
1,055
44,361
Kutfe Falls Riiilroad
17,537—
400
69,043
$5,733
Showing deficit of
So that the net gain to the company from the year's business
has been, in adding to its property, $24,681, and in reducing its
liabilities to the extent of $20,266 and in reducing its preferred
1
stock $206,577.
The present liability of the company to the Northwestern
Equipment Trust, for cars and engines, is represented by the
August
THE OHKONICLE
2, 1879.J
outstanding stock of that company, $175,000, which, by the
terms of the trust, is to be retired by semi-annual payments,
the same as we have been making, which will take until May 1,
1884, before the whole debt is retired.
LAND DEPARTMENT.
Acres.
Total acres acquired by this company
Sales from June 14, 1877, to May 31, 1878
Sales from June 1, 1878, to May 31, 1879
1,301,209
5,210
12,523— 17,734
1,283,475
Acres on hand and unsold May 31,1879
Sales have been made of 12,523-18 acres of land from June 1,
1878, to May 31, 1879.
11,285-01 acres for
$51,260 preferred stock.
75-35 acres for
296 cash.
3,544 credit
1,161-92 acres for
sales.
$55,110
12,52318 acres for
Amount paid in cash on the credit sales being $646. Balance
to be paid in annual payments during the next seven years.
hlcairo & Northwestern— Des Moines & Minneapolis.—
special correspondent of the Chicago Tribune, writing at a
recent date from Des Moines, Iowa, said "It now looks as
though the first and only first-class narrow-gauge railroad in
Iowa. the Des Moines & Minneapolis had flown the track,
as it were, and gone into the Chicago & Northwestern. For
the first time in its history, it has defaulted in the interest on
its bonds.
On Julv 5 bonds to the amount of $178,000 fell
i
A
.-
CAPITAL STOCK.
The preferred stock outstanding
at the last report
was
Leaving outstanding
206,577
$5,100,000
37,038
Consisting of stock
stock outstanding
$3,056,439
is
There is yet to Issue to holders of second mortgage bonds
and stock of the Lake Superior <St Mississippi Railroad
Company, when presented
will
make the total issuo
Houston & Texas Central Railway.
99,907
$ 1,056,407
Danville
{For the yeir ending April 30, 1879.)
Trains run passenger, 623,064}
freight, 818,231; service, 57,988— total, 1,41)9,283 miles. Passengers carried, 242,559; carried one mile, 15,376,571. Freight
moved, 457,840 tons; moved one mile, 67,904,748 tons.
Operations for the year.
—
$613,503
2,305,011)
98,597
14,511
Miscellaneous
Total
Balance, net earnings
Iutorest charges
$3,031,631
I
I
|
EXPENDITURES.
For maintenance of way $517,971
For rolling stock
506,814
For transportation
515,290
Miscellan's (incl. taxes)
164,044
Total
GENERAL BALANCE, APRIL
Construction
30, 1879.
i
|
|
I
I
I
I
GENERAL INVESTMENT NEWS.
Atchison Topeka & Santa Pe— Denver & Rio Grande.—
The appointment by Judge Hallett of Colonel L. C. Ellsworth,
of Denver, as receiver of the constructed line, pending the result of the litigation now in progress, was satisfactory to both
parties so far as the personal character of the receiver was
concerned. The receiver is placed under bonds of $200,000, and
the road is to be turned over to him on the 15th of August.
—
Boston Water Power. The bondholders of the Boston
Water Power Co. not having acted in accordance with the vote
of June 24 last, whereby they were to be subject to a tax of ten
per cent on their bonds, the trustees of the bondholders, in
order to raise the necessary funds to purchase the underlying
mortgages held by the Boston Five Cents Savings Bank, have
issued a circular to the bondholders in which they declare that
they shall offer for sale eight hundred and fifty-two bonds of
$1,000 each, unless the bondholders, before the first day of
August, complete the subscriptions voted at the June meeting.
Boston Dai y Advertiser.
Chicago Burlington & Qnincy
Missouri Kansas &
Texas.— Of these roads the hew York Tribune says "The
Missouri Kansas & Texas Railroad has been operated since July
1, 1876, by the Union Trust Company in behalf of the bondholders.
The road extends from Hannibal, Mo., to Dennison,
Tex., a distance of 576 miles. It operates, in addition, branch
lines from Parsons to Junction City, Kan., and from Holden,
Mo., to Paola, Kan.
These branches add over 200 miles to the
length of the main line. The Chicago Burlington & Quincy
Railroad, by its branches, connects at Hannibal, Mo., with the
Missouri Kansas & Texas road. Negotiations have been pending
for several weeks between the Chicago Burlington & Quincy
Company, or persons representing it, and the bondholders of
the Missouri Kansas & Texas road, for a lease to the former
company of the property of the latter company. No definite
result has been reached yet, and it is said to be doubtful if the
efforts will meet with success.
" The first mortgage of the Missouri Kansas & Texas road
amounts to $14,752,000 and besides mortgages on its branches
—
—
:
;
—This
company
filed articles
of
Paul.— A despatch of July 29 to the Mis" For some time it has been understood
here that the Milwaukee & St. Paul Company had purchased
the Davenport & St. Paul Railroad. The latter line extends)
St.
R pub'iean says
:
from Davenport to Fayette, 130 miles, and has a branch twenty
miles long to Maquoketa. It has been run by the first mortfage bondholders, who bid it in. The sale of this line to the
lilwaukee company is now confirmed, and the transfer will be
made in ten days."
Delaware & Hudson Canal.
|
I
Southwestern.
Davenport x
souri
$1 704,725
$1 320,906
1 058,315
$21,870,020 Capital stock
$7 722,900
1. S3 1, 342 Funded debt
14 ,586,500
Real estate
074,153 School fund loan (State
Lands grtit'd by Texas
5,240,000
of Texas)
315,494
8undry securities
603,780 Bills payable
100,557
Materials and supplies
146,088 Accounts payable
157,929
Bills receivable and
Pay-rolls and vouchers
178,794
cash
353,302 Interest accrued
839,819
Surplus
521,091
Total
$30,919,587
Total
$30,919,587
Equipment
&
incorporation with the Secretary of State of Illinois on July 25.
The capital is $700,000. The company is organized to operate
the Paris & Danville Railroad, recently sold under foreclosure.
The corporators are H.S. Greene and Charles Ridgely, of Springfield ; Roswell Miller, of Cairo ; James A. Fades, of Paris, and
J. B. Mann, of Danville.
The directors are J. Pierrepont Mor§an, William Bayard Cutting, Solon Humphreys, H. S. Greene,
oswell Miller, Charles Ridgely and James A. Fades.
—
EARNINGS.
From passengers
From freight
From mail and express.
—
due, simultaneously with the interest. They were not paid,
and, it is understood, will not be. For some time past parties
have been here purchasing those bonds for Mr. Jonn B. Alley
of Boston. A large amount is also held by Mr. John I. Blair.
Both of these men are heavy owners in the Chicago & Northwestern. Of course, foreclosure proceedings will be bad, and
the road sold and purchased by the bondholders for the Chicago
& Northwestern, which will effectually wipe out the stock
holders' interest, amounting to $166,000, and they are just now
not a little anxious to know the outcome of the matter."
$5,137,038
Stock scrip
Which
—
$5,343,616
There has been cancelled by the sale of lands
and timber
$185,577
By the payment of interest by the Northern
Pacific Railroad Co. on $300,000 due for onehalf the railroad from N. P. Junction to Duluth
21,000—
Hi)
of nearly $4,000,000, there is a second income mortgage on it*
property of over $6,800,000. These latter bonds were given
mainly in settlement of the floating debt of the company." » »
" The bondholders were asked then if they would accept 4 per
cent, guaranteed by the Chicago Burlington & Qnincy Company, but it is said that the question has been answered in th.i
negative. Negotiations, which thus far have failed of result,
have referred only to the payment of interest on the first mortgage bonds. No provision has been made for that on the
second income bonds.
A syndicate of Dutch banker* is said to
control about $6,000,000 of the first mortgage bonds, but it ia
understood that they are satisfied with the security for their
debt. Large holders of the first mortgage bonds have been
urged to consent to the lease of the road to the Chicago Burlington & Quincy Company, but the efforts thus far have been
unavailing. They demand, it is said, a fair return on the
money invested, and an absolute guarantee of the payment <>t
the interest by the Chicago Burlington & Quincy Company. A
circular addressed to the ^bondholders, and embodying the proposed plans of reorganization, will be issued in a few days.*
Lands acquired at foreclosure sale by St. Paul & DulutU Rail1,278,017
road Company June 14. 1877
Received by cancellation of land contracts previously sold
2,025
and abandoned
19,006
Recovered by deea Feb. 15, 1879, under Congressional grant.
The common
-
:
:
,
—
The following comparative
statement of the earnings and expenses of the railroads owned
and leased by this company for the month of May is received
from London
May, 1879.
May, 1878.
$331,521
210,667
Gross earnings
Expenses....
*•::*
1,532
250.300
$125,22«
•
$114,854
Net earnings
Increase in gross earnings, $50,011 ; increase in net earnings,
$10,372. During the month about $20,000 were expended upon
steel rails, &c.
For the same period, the earnings and expenses of the Albany & Susquehanna Railroad (included in the
above) were as follows
May. 1879.
May, 1878.
Gross earnings
&I w -9?i
*2i'i7,2
59.892
50.458
Expenses....
:
Net earnings
Increase in gross earnings, $6,449
;
$24,581
$21,566
increase in net earnings,
£3,015.
& Western.— As one of the "points"
the speculation in Delaware Lackawanna & Western stock,
the following may be quoted from the American Exchange :
"The proposition to construct a railway bridge across the >iagara River at Lewiston premises the establishing of a througk
route from New York to the West which will be a very formidable competitor of the New York Central and the Pennsylvania roads. Such a route will undoubtedly draw from each
<>f the
roads mentioned a considerable portion of the Western
and Southwestern traffic. The length of the proposed through
line will be very little greater than that of the present through
the following figures
routes, as is shown by
"
Delaware Lackawanna
in
Miles.
New York
to
hswego to Leu Iston via Home Watertown
Lewiston to Detroit via Great Western
I
New York
to Detroit via
& Ogdensburg
new route....
New York Central
route
-
w
701
bm
Southern
to Toleuo via Lewiston route. ....... -to Toledo viaN. Y. Central and Lake Shore
In favor of
}**>
•
New York to Detroit via N. Y. Central and Canada
In favor of New York Central route
New York
NOW York
325
Oswego via Delaware Lackawanna & Western
-
„„?
iSi
/JO
#n
:--r\\—-i"""C"'"-7Z.
By this statement it will be seen that the Lewiston route
He
from New York to Detroit is only five miles longer than
New York Central and Canada Southern route, and from new
"
t
—
:
THE CHRONICLE.
120
it is only twenty-five miles longer than the
Central and Lake Shore route."
Elizabeth City, N. J.— The committtee appointed to examine
into the financial condition of the city of Elizabeth, with a view
to ascertaining the amount of the bonded debt, the valae of
the taxable property, the amount required for current expenses
and what amount of taxation the city can afford to pay, has
prepared an exhaustive report upon all these subjects. As
nearly as the committee can ascertain the debt is as follows
$398 '2S2
Funded debt bonds, 1880andl883
35 l'?92
Funded debt bonds, 1893 to 1805
278 '5£x
City Improvement bonds. 1893 to 1895
752,000
Consolidated bonds, 1885, 1886
1,755,000
Consolidated bonds, 1895,1896
865,000
Consolidated bonds, 1385, 1897
24l '5S?
Tax arrear bonds, 1886
712.000
Funded assessment bonds, 1897 to 1907
90,000
School bouse bonds, 1881 to 1893.
60,000
Market bouse bonds, 1883 to 1886.
5,000
Alms-bouse bonds, 1879
York
to Toledo
New York
:
[Vol. XXIX.
upon the Waco & Northwestern Division, $580,000. The present
issue is $10,000 per mile, and provision made to issue additional
class to take the place of the first mortgages heretofore issued. Dated May 1, 1875, have 40 years to run, and
mature in 1915; bear 8 per cent interest, payable semi-annually,
with a sinking fund of 2 per cent per annum from the year
1880. Principal and interest payable in lawful money in the
city of New York.
All the consolidated bonds are additionally secured by a first
mortgage on 3,840 acres of land to each mile of road.
Income and indemnity mortgage bonds, $2,500,000. These
bonds are dated May 7, 1877, run 10 years, and mature in 1887;
bonds of this
bear 7 per cent interest, payable semi-annually, May 1 and Nov.
1.
Principal and interest payable in lawful money in the city
of Houston, Texas. They are secured by a third mortgage on
the company's property, and further secured by a first mortgage on certain lands and real estate owned by the company.
Capital stock of the company $10,000,000, divided into
100,000 shares.
Total
$5,513,500
108,000
The total length of the main line of the road, extending from
Houston to the Red River, is 345 miles. The Northwest Div$5,405,500 ision, running from Hempstead to Austin, .is 118% miles in
Of these bonds there are hypothecated with creditors to length, and the Waco & Northwest Division, running from
city, as
the
effected
by
Bremond to Ross, is 58 miles long.
secure a part of the temporary loans
shown below, amounting to $805,000. The temporary indebtedInternational & Great Northern. A despatch from Austin,
follows
ness is as
Texas, July 31, says "The International & Gfreat Northern RailLoans from various persons and corporations (to secure
road was sold to-day for $1,000,000. It was bid in by George
$728,322 58, of which there are hypothecated $865,000
$878,320 Sealey, of Galveston, representing Kennedy and Sloan, the New
of bonds as above stated)
12,000 York trustees, for the bondholders."
State and county taxes
3,237
Unpaid bills of 1878
Jersey City Tax Lery.—The Jersey City Board of Finance
28,000
Awards and contracts (with interest)
and Taxation have made the appropriations for the present
10,548
Bebate ceri ideates
74,000 year. There has been a determined effort made to have the
Unpaid rebates on assessments set aside
annual expenses of the city reduced. The Board of Finance
$1,006,106
Total
and Taxation placed the general tax levy at $1,372,000. This
cent.
interest
per
bears
at
the
rate
of
The whole debt
7
includes the school tax of the State. The appropriations were
the
bonded
debt
since
November,
has
accrued
on
1878,
Interest
fixed as follows:
temporary
loans
since
October
on
the
1,
1878.
and
$87,100
Board of Public works
44,050
This statement does not include all the liability to which the Board of Aldermen
228,250
city may be held in future. Various assessments are being Board of Police Commissioners
85,000
Board of Fire Commissioners
(Contested, and if the eases are decided againt the city, they will Board of Education
184,000
materially increase the debt. The assessments now due the
$628,400
Total
-city amount to $1,904,200, with interest from various dates.
The Board also appropriated $800,000 for the payment of
The unpaid taxes due July 1, 1879, amount to $424,440, with
interest at 10 and 15 per cent from date of levy and sale. This interest on the debt of the city. The different boards estimated
statement includes the contested cases, some of which may be their expenses as follows:
Less
amount
of bonds beld in sinking fund
—
:
.set aside.
The
real estate within the corporate limits is valued at $10,425,470 and the personal property at $1,427,743, making a total of
$11,853,213, subject tt> deductions on account of sworn liabilities
Amounting to $441,095, leaving the actual valuation $11,412,118.
The expenses of the city have been steadily diminishing j for
1872 they were $268,215 ; in 1876, $225,000, and in 1879 (estijnated), $179,500. The rate of taxation has, however, as steadily increased, being $2 52 in 1872 ; $2 68 in 1876, and $3 56 in
1878.
The heavy impost of the last year was followed by unexampled difficulties of collection, the levy being $529,021, and
on Jan. 1, 1879, there had been collected only $284,965, and a
great portion of this was paid in rebate certificates, which were
of no benefit to the treasury.
The committee is of opinion that no rate to exceed $2 50 can
be imposed without seriously impairing the prosperity of the
Beard of Public Works
Board of Aldermen
Board of Police Commissioners
Board of Fire Commissioners
Board of Education
,
$182,000
52,550
288,250
100,000
234,930
$857,750
Total
Miiiin? Companies' Stock on New York Stock Exchange*—
The stocks of the following companies have been put on the
New York Stock Exchange list:
Leadville Mining Company, incorporated December 27, 1878,
with a capital of $2,000,000, divided into 200,000 shares. The
property is situated in California Mining District, Lake County,
Col., and $28,000 have been expended upon it for improvements.
Dividends amounting to $60,000 have been paid.
Central Arizona Mining Company, organized December 13,
1878, with $10,000,000 capital, the stock being non-assessable.
The property, on which $200,000 have been expended in improvements, including a 40-stamp mill, is situated in Maricopa
city.
Arizona Territory.
A copy of the report will be sent to each creditor of the city County,
Caribou Consolidated Company, incorporated April 23, 1879,
as soon as the necessary circulars can be printed.
with a capital of $1,000,000. Its property is situated in Boulder
Houston & Texas Central.—The following securities of the County, Col. A dividend of $10,000 was paid June 25, and
Texas
Houston &
Central Railroad Company have been placed another of equal amount is payable July 25. In surface imon the N. Y. Stock Exchange list:
provements $200,000, and in underground improvements $450,Land grant sinking fund first mortgage bonds on the main 000, have been expended. The capacity of the company's
line; authorized issue, $20,000 per mile, $6,896,000.
These machinery is thirty tons per day.
bends are dated July 1, 1866, have 25 years to run, and mature
Mobile & Ohio.—The stocks and bonds of this company have
in 18i»l; bear 7 per cent interest, payable semi-annually, Jan. 1
placed on the New York Stock Exchange list as follows:
and July 1, with a sinking fund of 2 per cent per annum from been
Mobile &. Ohio Railroad—
the year 1870. Principal and interest payable in gold coin in
$7,000,000
New mortgage
5,500,000
Preferred debentures, first series, not exceeding
the city of New York.
2,000,000
second series, not exceeding
Do
Land grant sinking fund first mortgage bonds on the Western
third series, not exceeding
600,000
Do
Division; authorized issue, $20,000 per mile, $2,375,000. They
fourth series, not exceeding
900,000
Do
are dated Dec. 1, 1870, due July 1, 1891. Principal and interest
Capital stock (assented), of which a majority has assented
and assigned and transferred irrevocably to the Farmers'
payable in gold coin in the city of New York, and in every other
Loan & Trust Company the power to vote at all meetings
respect the same as on the main line.
5,320,600
of stockholders
Land grant sinking fund first mortgage bonds on the Waco
The company has in full operation 505 miles of road. Its
Northwestern Division; authorized issue, $20,000 per mile,
annual average earnings over current expenses since 1875 have
$1,160,000. These bonds are dated June 20, 1873, have 30 years
The company passed into the hands of receivers
to inn, maturing July 1, 1903; draw 7 per cent interest, payable been $503,383.
1875.
•semi-annually, Jan. 1 and July 1, with a sinking fund of 2 per in May,
The new liens issued and to be issued are as follows:
cent per annum from the year 1880. Principal and interest
First.— New mortgage to the Farmers' Loan & Trust Company, of New
payable in gold coin in the city of New York.
as trustees, upon the main line, excluding branches, to secure
The first mortgage bonds on the main line and Western York,
bonds in the aggregate amounting to $7,000,000, dated June 1, 1879,
Division are additionally secured by 6,400 acres of land to each due, in gold coin of the United States, December 1, 1927, intorest at 6
mile of road, and on the Waco & Northwestern Division by per cent per annum in lawful money, represented by coupons, payable
June 1 and December 1 each year, in the cities of New York and Mobile.
3,000 acres of land to each mile of road.
The whole amount of these bonds will be issued at once.
Land grant sinking fund consolidated second mortgage bonds
Second.— Deed of trust to the Farmers' Loan & Trust Company, as trusupon the main line and Western Division, $14,000,000. The tees, to secure four series of preferred income and sinking fund debentures,
issued only to the extent required to meet the outstanding
present issue is $10,000 per mile, and a further issue is provided which will bethe
Mobile & Ohio Railroad Company, after deducting the
liabilities of
for of $20,000 per mile, to retire at maturity the first mortgages amount of such liabilities provided for in and by the new mortgage of
heretofore issued. They are dated Oct. 1, 1872, have 40 years $7,000,000, and the aggregate amount of such issues will not exceed the
to run, and mature in 1912; bear 8 per cent interest, payable sum of
In first preferred income and sinking fund debentures, issued
semi-annually, April 1 and Oct. 1, with a sinking fund of 2 per
$5,500,000
in extension of the balance duo on first mortgage liens
•cent per annum from the year 1892.
Principal and interest In second preferred incomo and sinking fund debentures,
liens
second
mortgage
2,000,000
issued in extension of the
payable in lawful money in the city of New York.
preferred income and sinking fund debentures, issued
Land grant sinking fund consolidated second mortgage bonds Ininthird
600,000
extension of the third mortgage liens
&
Augmt2,
THE CHRONICLE.
1679.1
to fourth preferred income and sinking. fund debenture*,
$900,000
Issued in extension of tho unsecured indebtedness
These debentures aro secured by a deed of trust to the Farmers' Loan
(including over 1,150,A Trust Companv, covering specifically tho lands and
othor property not
000 acres of land donated by the United States)
necessary for the operation of the road, and providing also a sinking
fund, into which the procoods from the Biles of lands and from othor
sources, as is fully set forth In said deed of trust, aro to be paid and
applied to the extinguishment of the principal of tho debentures In tho
order of their priority.
Interest at the rate of 7 per cent per annum, or in multiples of 1 per
cent, but not exceeding 7 per cent in any one year on theso debentures,
is payablo annually upon eaoh series In the order of thoir priority, but
only if eanied in the preceding fiscal year, and is non-cumulative.
For each $100 of principal money of said debentures the holder of
record is entitled to one vote at all moetings of holders of such debentures (which by agreement aro to be called in anticipation of all meetings of stockholders) for the purpose of instructing the Farmers' Loan
A-Trust Company, trustees, how to vote at such stockholders' meetings
upon the majority of the stock of the Mobile A Ohio Railroad Company,
tho power to vote upon which is irrevocably with tho Farmers' Loan A
Trust Company, until the oxtiugulshment of said debentures.
The foregoing bonds and debentures are issued in forbearance, extension and compromise of tho present indebtedness of the Mobile A Ohio
Railroad, the entire amount of which (excepting less than 1 per oeut of
tho first liens and a very limited percentage of tho inforior liens), with
the power and authority to avail of the deorees of the Circuit Court of
the United States, adjusting and establishing said indebtedness, aro
assigned and transferred to tho Farmers' Loan A Trust Company, as
trustees, for the furthor security of the bonds and debentures horein
referred to.
The capital stock authorized by tho charter is $10,000,000, or 100,000
shares of $100 each, of which there have been issued 53,206 shares.
121
TONS OF COAI. MfMKO.
1870
1878.
.
A Iron Co
tenants
Ily Coal
Iiy
Month. Year to date.
398,105
2,195,493
108.442
604.656
Month. Year to date.
333,193
1,377,003
147,506
546,038
Wabash— Cleveland Columbus Cincinnati ft
& St. Louis.— An agreement has
—Indianapolis
Indianapolis
been formed
for pooling the earnings of the Cleveland Columbus Cincinnati
Indianapolis, the Indianapolis & St. Louis and the Wabash
Railroads. The contract, which takes effect from June 1, Is to
continue in force for five years j provisions for its further
extension being made. It covers the entire freight, pasnnnirM
&
mail and express earnings of the three companies during its
continuance. The 7>t6un«says "The principal feature of the
agreement is the method of fixing the basis of a division of
business. The gross earnings of each company for 1878 are
ascertained by deducting from the apparent gross earnings all
rebates, commissions and other extraordinary expenses incurred
in procuring business.
The gross earnings thus ascertained
constitute the basis of division for the following year. It is
provided that the earnings shall be ascertained in the same
manner at the end of each year, and that the business of each
year shall form the basis for the division in the succeeding
year. The execution of the contract is intrusted to an executive committee, which, at all competing points, shall divide the
New Jersey Southern. The bondholders who bought this freight and passenger business as nearly as possible. At these
road at the recent foreclosure sale have organized the New points one agent shall act for all the roads. In case the earnJersey Railway Company, to which the property has been ings of either road shall exceed the agreed basis, one-half of
transferred.
the excess is allowed for operating cost to the road earning tha
The lease of this road to the Central of New Jersey was excess, and the balance is divided according to the agreement.
Lathrop,
receiver
of
the
finally consummated July 25. Judge
Additional lines may be built or acquired by either company,
Central Railroad, was elected president of the Southern route.
and the additional traffic shall be added to its share of the
Northern Pacific.— The company's securities have been pooled business. The executive committee, having charge of
Admitted to the New York Stock Exchange as follows: Preferred the contract and of all questions arising from it, consists of fire
*nd common stock, $2,000,000, Missouri Division first mortgage members. Of these two are chosen by the directors of the
bonds, $2,000,000 Pend d'Oreille Division first mortgage bonds Wabash Company and two bjr those of the other two compaAnd assignable certificates of the Northern Pacific Railroad nies; these select a fifth, who is to be the commissioner of the
*
*
*
*
Company. The company has completed 560 miles of its char- pool."
" The agreement is to continue in force for five years. Unless
tered line, and owns or controls and operates 160 miles of other
railroads. Its lands, granted by Congress and earned by con- within ninety days of its expiration notice shall be given by one
struction of road, consist of 2,918,400 acres in Minnesota, 4,972,- of the companies of its intention to terminate the agreement,
800 acres in Dakota and 2,688,000 acres in Washington Territory it shall remain effective for a second period of fire years, and
*nd Oregon, a total of 10,579,200 acres, out of which there have in the same manner indefinitely."
been sold 2,312,209 acres. Its floating debt (balances) is $385,Wabash. At a meeting of the board of directors, the pro302. There is also an indebtedness of $300,000 unpaid on the
posed consolidation with the St. Louis Kansas City & Northern
purchase of an undivided half of the St. Paul & Duluth RailRailway Company was approved, and the acts of the executive
road, but which is payable in the preferred stock of that comcommittee confirmed. It was decided to call a meeting of the
pany. In regard to the work of construction, the company's
stockholders for the formal ratification of the measure, to be
statement says:
held at Toledo on October 13 next. A meeting of the stock"The work is rapidly progressing on the Missouri Division, which holders of the St. Louis Kansas City & Northern Railway Comextends from the Missouri to the Yellowstone River, about 205 miles.
The means for this purpose are provided by the issue of bonds and pre- pany will be held on the same day. It is understood that the
ferred stock. The bonds cannot excocd $12,000 per mile of tho division, board of directors of that company has already approved of the
And thej are secured by a first mortgage on that division of the railroad proposed consolidation.
and on the granted lands applicable thereto, being very noarly 5,250,000
The new company will have a capital stock of $40,000,000,
acres, in the Territories of Dakota and Montana. They aro required to
be deposited with the Farmers' Loan and Trust Company, by whom tliey divided equally into preferred and common stock. The stock
are to be countersigned and re-delivered to this company, ratably, ou the of the St. Louis Kansas City & Northern Company will remain
completion of each section of twenty-five miles of road. Two million
dollars of these bonds and tho same amount of preferred stock havo been unchanged, and the Wabash stock of $16,000,000 will be
half preferred.
offored by the company, and have been taken for $2,000,000 cash, paya- divided up into half common and
The
ble on call, and $1,021,980 of which has been already paid in. These bonded debt of the new company will be $36,000,000, the
$2,000,000 of bonds are to bo issued to the subscribers or their assigns,
Wabash being represented by $22,000,000 and the St. Louis
ratably, as they are, from timo to time, received from the trust company,
The latter comand $2,000,000 of the preferred .stork on full payment by him or them Kansas City & Northern by $14,000,000.
of his subscription, and not otherwise. Tho construction of the Pend pany at present controls and operates 598 miles of
road,
d'Oreille Division, which oxtends from tho Columbia River to Lake Pend
exclusive of the Omaha extension of 145 miles now buildd'Oreille— 209 mites, more or less— is about to be commenced. The iron
The total length of line of the Wabash road is 678
for thirty miles thereof is now on the way to the Pacific Coast in sailing ing.
vessels. The means to complete this division aro to be provided by the miles.
issue of bonds, not to exceed $20,000 per niilo thereof, and preferred
Of the new road from Toledo to Detroit, it is stated that the
stock. Theso bonds are to be secured by a first mortgage on that division of the railroad and on the granted lands applicable thereto, being plans and estimates for the work are ready, and the engineer's
nearly 5,500,000 acres in the Territories of Washington and Idaho and estimate of the cost of the line, exclusive of the right of way, is
in the State of Oregon. They are to bo deposited, countersigned, re-de- understood to be $560,000.
The New York Tribune, which is
livered and issued as above. Two million dollars of these bonds and
best opportunities for obtaining
$1,400,000 of tho preferred stock have been offered by the company, usually supposed to have the
and have been taken for $2,000,000 cash, payable on call, tho first correct information in regard to all of Mr. Gould's roads, states
installment of which (10 per cent) will be due August 1, 1879. In both that under the terms of the agreement with the Grand Trunk
cases, on the payment by the subscribers or their assigns of each or any
and Great Western Railroads, the three companies were to>
installment or installments at the time the same shall become due,
assignable certificates, bearing 6 per cent interest, arc issued to them guarantee each one-third of the mortgage bonds placed on the
for the proportionate amouut of bonds to which such payment will new road.
Since the agreement was formed, it has been ascerentitle them."
tained that the Great Western, and it is presumed also the
The company's capital is $100,000,000, divided into 510,000 Grand Trunk, could not guarantee, under their charters, the
$100 shares of preferred and 490,000 $100 shares of common bonds of a railroad in a foreign country. The difficulty is not
stock. Of the preferred stock, 72,000 shares have been received
thought to be important, for the reason that the traffic contract
at par for the company's lands east of the Missouri River and
between the companies would be a sufficient guarantee of the
extinguished. There have been issued only 438,000 shares of
debt imposed on the line.
the preferred and 299.526 shares of the common stock.
—It is reported that the claim of the Wabash Company to a
Philadelphia & Reading.—The following is the monthly share of the through traffic to the Pacific Coast has been recogcomparative statement of gross receipts, tonnage and pas- nized by Commissioner Fink and the managers of the trunk lines.
sengers of the Philadelphia & Reading Railroad Company for The Tribune says the division of the business was not agreed on
but will be arranged within a short time. No diversion of
the month of June, in 1879 and 1878
GKOSS KKCEI1TS.
freight will be made by the trunk lines in favor of the Chicago
-1879.-1878.railroads, which heretofore have had a monopoly of the busiMonth.
Year to date.
Month. Yoar to date.
on the contrary, that they would deliver to
Railroad traffic
$1,179,140 $0,738,322 $1,207,874 $0,231,50;) ness. They agreed,
destined by that route.
Canaltralflc
93,070
358,750
179,741
381,133 the Wabash Road any through freight
Steam colliers
50,814
394,923
42,328
318,008 The Wabash Company will receive, it is understood, 35 per cent
Richmond coal barges
19,982
84,328
8,713
43,719 of the rate from New York to St. Louis. The present rates to
on a ton, will be maintained.
Total Eailroad Co
$1,343,014 $7,570,324 $1,498,058 $0,974,430 California, which now are about $6
Reading Coal A Ir'n Co 1,047,083
5,232,383
920,500
—Subscriptions to $1,000,000 mortgage bonds of the Wabash
3,882,198
Railway Company recently offered for sale were closed July
Total of all
$2,390,097 $12,808,708 $2,419,105 $10,850,629
The bonds are a part of the issue of $2,030,000 authorized
25.
TONNAGE AND PASSKKGERS.
Tons of coal on railr'd
745,711
4.234,715
754,653
2,958,661 at a special meeting of the stockholders of the company held at
Tons of merchandise.
437,897
2,290,159
253.552
1,825,025 Toledo, May 14. They bear 7 per cent interest and have thirty
Passengers can-led...
701,003
3,905,019
589,975
3,568,300
years t'o run. The whole amount was awarded at a price not
Coal transported by
steaui colUers
48.818
340,292
51,410
319,023 made public.
:
—
—
—
:
.
.
:
:
THE CHRONICLE
122
[Vol.
Friday Night, Aug. 1, 1879.
and the attractions of summer resorts are
very unfavorable to activity in trade
circles.
Fbidat. P M., Aug. 1, 1879.
Chop, as indicated by our telegram*
from the South to-night, is given below. For the week ending
this evening lAug. 1), the total receipts have reached 2,505?
bales, against 3.272 bales last week, 2,809 bales the previous
week, and 3,032 bales three weeks since; making the tota]
The Movement ov the
(COMMERCIAL EPITOME.
sultry weather
The appearance
of yellow fever at New Orleans is also a great drawback. Still,
the situation and prospects are in most respects very satisfacA large export movement in breadstuff's is going
tory.
receipts since the 1st of September, 1878, 4,136,156 bales, against
4.260,090 bales for the same period of 1877-8, showing an increasesince September 1, 1878, of 176,066 bales. The details of thereceipts for this week (as per telegraph) and for the corresponding
weeks of four previous years are as follows
forward, the winter wheat having been harvested in condition
for immediate shipment. Needed rains have fallen in middle
and northern latitudes, thus greatly improving the prospects of
the autumn crops. The money markets continue easy, and
private credits have much improved in the past few months.
The
provision market has
shown general
XXIX-
OTTO N.
O
The
:
Receipts this w'k at
&o
Tennessee,
Florida
1875.
1876.
500
123
262
233
387
181
1,307
372
294
381
530
7G
429
280
541
859
289
326
89
562
238
31
1,076
551
240
31
106
185
280
156
592
371
2,503
3,671
&c
Port Royal,
1877.
1878.
250
72
37
Mobile
irregularity, under
a slow market and an absence of speculative confidence, together with unfavorable advices from the West. To-day, however, there was a slight improvement in tone and values; new
mess pork was sold on the spot at $8 85; August deliveries
quoted at $8 65@$8 75, September at $8 75@$8 80, October at
$8 80@$8 90. The lard market closed rather irregular, with
cash lots of prime Western offered at 5 97/6c, after sales at 6@
6'02^c; August options were quoted at 5"92^c, September
sold at 5 95c, October at 6 02?2 and 6c, and seller all the year at
5 90c; refined was quiet at 6'35c. for Continental lots. Bacon
is wholly nominal here owing to an absence of offerings; at
Chicago there were sales of long and short clear at 4^c.
Butter and cheese have sold fairly, the latter at weak and
irregular prices, due to heavy stocks. Tallow more active and
1879.
1,011
78
200
251
652
684
195-
12
76
osw
9
2,691
5,153
2,083
27
2
Norfolk
City Point, &c
38
3
-
-
-
-
steady at the recent decline.
The movement in raw sugars has been of fair proportions,
and all prices have been well sustained. Fair to good refining
Cuba quoted
at
6%@6%c.
1,
Sales since
Stock July 30, 1879
Stock Jul}- 31, 1878
1879
Boxes.
27,325
8,020
6,801
28,544
12,610
Bags.
655,628
58.1S6
40,329
673,485
174,921
request at very firm
83,632
59.481
54,858
90,255
81,956
Melado.
3,286
3,130
2,377
4,039
1,979
prices.
Rice has continued in good
Molasses, though rather quiet, has remained firm ai 25@25/6c.
for 50-test Cuba refining. Bio coffee has latterly been more
active, and the tone has in part recovered its previous firmness;
fair cargoes, 13}£@13%c. Mild grades are steady and in good
jobbing demand.
4,436,156|4,260,090 3,958,828 4,086,723 3,475,737
1.
The exports for the week ending this evening reach a total of
5,495 bales, of which 4,995 were to Great Britain, none toFrance, and 500 to rest of the Continent, while the stocks asmade up this evening are now 122,098 bales. Below are thestocks and exports for the week, and also for the corresponding
week of last season
EXPORTED TO—
Week
ending
Aug. 1.
Great
France.
Britain.
crop, Wisconsin, Havana seed, private terms; 510 cases 1878
crop, Ohio, private terms; 225 cases 1877 crop, New England,
13@25c; 360 cases 1878 crop, New England, private terms; and
Spanish tobacco is without new
50 cases sundries, 9@18c.
feature; sales 550 bales Havana at 80c.@$l 05.
The business in ocean freight-room has been principally for
grain accommodation ; all rates have remained firm, and in the
instance of charters further advances can be noted. Late engagements and charters include Grain to Liverpool, by steam,
7?6d., 60 lbs.; cotton, 3-16@Md.; bacon, 30s@35s.; cheese, 40s.
@42s. 6d.; grain to London by steam, 8@SMd., and 7%d. by
«' outside steamers ;" flour,
2s. 6d.@3s. per bbl.; grain to Avonmouth, by steam, 7%d.; do. to Cork for orders, 5s. 10^d. per
qr.; do. to east coast of Ireland, 5s. 6d.; do. to the Continent,
5s. 9d.@6s.; refined petroleum to Bremen, 3s.
To-day, charters
underwent a further advance ; grain to London by steam,
8d., 60 lbs.; do. to Hull by steam, 9d.; do. to Glasgow, by steam,
6%d.; do. to Liverpool, 7%d. do. to Cork for order, 6s. per
qr.; do. to Cork direct, 5s. 10?2d.; do. to the Continent, 6s.; refined petroleum to Java, 35c.
In naval stores little of importance has been reported, and
spirits turpentine has declined to 26^2@26Mc.
Common to
good strained rosins were quoted at $1 30@$1 32%. Petroleum
as remained dull and wholly nominal ; the offerings for some
time to come have been taken.
European markets are relatively below the figures here, and this fact also deters shippers
from operating. Refined, in barrels, 6%e. American pig iron
has advanced under active calls.
A large business has been
effected, the particulars of which are withheld ; No. 1 is now
quoted at $19@$20 50. Scotch pig a'iso has been more active at
full prices ; fully 1,200 tons have changed hands at firm figures.
Steel rails have been less active, only 7,000 tons being sold for
delivery next spring, part at $47 at tide-water. Of iron rails
there were sales of 10,000 tons, quoted at $39@$40 for delivery
from August to November. Ingot copper still quiet and
unchanged at 16%@16^c. for Lake. Whiskey quiet at $1 07®
:
1%@
this
Same
Week
Week.
1878.
Total
Continent.
1879.
1,285
1878.
6,358
Mobile..
6,657
1,924
Charl't'u
68
31S
Bavan'k.
1,687
1,804
5,695 93,850
1,608
354 14,500
494
745
61,332
62912,000
6,019 122,098
82,978
1,285
1,135
2,171
Galv't'n-
N.
York
500
1,135
2,671
500
5,495
Norfolk-
404
Other'
1,107
Tot. this
week
4,995
Tot.since
Sept. 1. 2051,76) 414,074|918,591
The market for domestic tobacco has been more active, and
prices are advancing. The sales of Kentucky for the week are
700 hhds., of which 550 for export and 150 for home consumpLugs are quoted at 3/^@5^c, and leaf 6@14c.
tion.
There has been a much more active market for seed leaf, at
firm and improving prices. Sales for the week 2,875 eases, as
follows: 1,480 cases 1878 crop, Wisconsin, 8@17c; 250 cases 1878
3384,426 3314,397
The exports this week under the head of " other ports" include, from Baltimore, 87 bales to Liverpool from Boston, 317 bales to Liverpool.
From the foregoing statement it will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 554 bales, while the stocks to-night
are 39,120 bales mare than they were at this time a year ago.
In addition to aDove exports, our telegrams to-night also giveus the following amounts of cotton on shipboard, not cleared, at
*
;
We
add also similar figures for New York,
the ports named.
which are prepared for our special use by Messrs. Carey, Yale
Lambert, 60 Beaver street
&
On Shipboard,
Aug.
at—
1,
Liverpool.
Sew Orl sans
Chariest
Savanua h
Gulvestt
New Yoi •k
not cleared — for
Other
France. Foreign
Leaving
Coast[
wise.
Total.
None.
Noue.
18
Stock.
None.
None.
None.
Noue.
Noue.
Noue.
None.
None.
None.
None.
None.
None.
Noue.
None,
Not
receiv
1,000
None.
Noue.
500
1,500
14,608
2,878
618
4,496
23,752.
Other pc
1,000
Tota 1
2,878
100
Noue.
2,878
None,
18
100
Noue.
3,779-
1,924
50-
1,68?
1,804
ed.
The following is our usual table showing th e inoverj lent of
cotton at all the ports from Sept. 1 to July 25, the 1 atest ma 1 dates r
RECEIPT8 SINCE
;
$1 07/6.
. .
Total since Sept.
N. Orl'ns
Hhds.
Stock July 1, 1879
Receipts Hince July
week
Total this
SEPT.
Ports.
1878.
|
1877.
N.Orlns 1172,604 1369.206
Mobile. 361,989 412,673
Char'n* 514,484 458,759
Sav'h
705,652 597,635
563,003 446,415
Galv.*
N. York 147,610 143,641
14,299
Florida
56,435
N. Car. 135,094 143,384
Norf'k* 559,507 507,985
Other.. 217.215 162,422
.
.
rhisyr. 4433,653
*
is
TO—
Stock.
Britain.
France. [Foreign
Total.
671,840 218,499 347,326 1237,665
57,954 35,583| 29,677 123,214
150,410 57,14o'l70,143 383,693
205,463 23,616 232,077 461,786
223,518 59.47S 64,010 347,006
259,071 14,502 25,981 299,553
135
13,756
1,967
15,858
2,051 18,589
65,111
44,472
5,098 199,640
193,828
71S
49« 18.450 245,405
226,453
8,572
2,40*
44
1,761
1,817
99,915
202
1,680
16,750
2046,766 414,074 918.091 3378,931 133,141
heart of Charleston is included Port Royal, &c.: under the head of
Included Indianola, &c; under the head of fivrfolk is included City
Under the
Gaveston
SEPT. 1
1256,4192131,659497.525 079.164 3308.348 105,840-
Last y« ar
Point, &G.
EXPORTED SINCE
1.
«
.
.
Acgubt
...
:..
THE CHRONICLE.
2, 1879.]
The market has been fairly active the past week for export and
•consumption, but at varying prices. There was a decline of 1-lflc.
on Saturday, Monday and Wednesday, and an advance of l-16c.
on Tuesday. Yesterday, there was no quotable variation, and a
quiet business. Today, there was a decline of £c, to ll^c. for
middling uplands, loading to a good business for home consumption.
The speculation in futures has been pretty brisk, but the
course of values has been quite variable and irregular. On
Saturday there was a material decline in the early months. On
Monday, with spots lower, there was a material advance in
futures
and on Tuesday, with spots l-16c. higher, the
advance of Monday in futures was almost wholly lost.
On Wednesday the bulk of the business done was at
lower pricbs, but the opening and closing were higher. Yesterday, the early months were weak, but tho later months slightly
dearer.
The decline at the close on Tuesday was assisted by the
report that the receipts at Galveston for the day embraced 142
bales from the new crop. The strength in the later months yesterday was caused by reports of continuous rains in Georgia,
Alabama and Mississippi but there was finally some decline,
and to-day the whole market gave way, the early months, of
course, receding most.
The total sales for forward delivery for the week are 477,100
'bales, including
free on board.
For immediate delivery the
total sales foot up this week 7.510 bales, including 1,262 for export,
(5,139 for consumption, 115 for speculation, and— la transit.
Of
the above,
bales were to arrive.
The following tables show
^;he official quotations and sales for each day of the past week:
Balea.
Cta.
Balea.
8,1)00
10-51
10-50
10-67
10-58
1,000
1.200
200.
1.200
1050
10M0
1001
3.400.
10 02
10 63
ni-nt
2.100.
100
eoo
loos
8.000
8.000
2,600
1.400
1.800
1500
400
200
.
NEW ORLEANS.
Sat. Hon Tuea
UPLANDS.
Sat. Hon Toes
July 2G to
Aug. 1.
Ordiu'y.tflb 10>4
Strict Ord.. 10=8
Good Ord.. 11
«tr. G'd Ord 1114
Low Midrt'i.' 1138
Btr. L'wMid 11",6
10>4
10=8
11
III4
6
18 1138
Ilia
119,6
Middling... Ull,„ 11»8 11U,«
Good Mid
12
1115,6 12
fltr. G'd Mid 12>4
123,„ 1214
10»8
lOSi
lllg
113s
ll"a
Midd'g Fair 121b,, 12?8
1216,6
Fair
139 16
13m« 13
13",8lS
Frl.
Wed Th.
103, 6
109,8
1016 lt)
113,6
U
13ia
IS*,,
Wed Tb.
•Ordin'y.$|]b io3T«" 103,„
Strict Ord. 109,,, 10«,e
Good Ord..|10i5 16 10'5 18
Str. G'd Ord 113 18 113,8
Low Midd'g 116, 8 11 5 16
.
1038
1038
10%
10%
1113, e
1218
121,6
Ilia
1138
ilia
1111,6
1113,6
1218
1238
12%
1118
1138
III3
1111,6
1113,8
1218
1238
131,6
105,6
1011,6
ii'ie
115,6
117,8
lliiisll
U\
.
TEXAS
Sat. Hon. Tuea
125,6
H
H
H
U%
Good Ordinary
«
*triet Good Ordinary
tt>.
Moil I11.1
1038
107,
t/ow Middling
Middling
11 6 16
Ill&a
MAUKET AND
\V.
1118
113s
Ilia
1111,6
1113,6
fl
11%
Frl.
IS..
105,6 103,6
1011,6 109,8
IHlJ 1016,6
5
16 113,6
11 7 !n 116,6
11°8
Ilia
11% 115s
12116 1116,6
12616 123,,
13
12^8
13=8 13ia
H
Til.
Frl.
10%
10%
10'4
10%
H'l6 ll'ie
1016,6
113,6
116,6
115,«
SALES.
SALES OF 8POT AND TRANSIT.
SPOT MARKET
Ex-
CLOSED.
port.
Quiet at l,e dec.
Mon [Steady at 1,6 dec
To.es., Easy at ii 6 adv.
Con- Spec- Transump. ul't'n sit. Total.
Sat.
573
262 2,394
482
720
.
Wed
395
688
39r>
115
2,656
1,482
.iQuietat lie dee.. 1,000
Thurs
Steadj-
Frl. .jQuiet at %dec...
720
1,575
Total'
1,575
115
1,262, 6,139
Deliv-
Sales.
eries.
85,400
200
83,600
100
70.500 1,800
77,300 1,600
66,100 1.800
94,200 1,800
7,516 477,100
7,300
For forward delivery the sales have reached during the week
or on the basis of middling), and the
) bales (all middling
following is a statement of the sales and prices
477,10
:
For July.
Bales.
Balea.
Ots.
100
1164
Cta.
1
I
00
100
1,
»
.
Bales.
4,300
3.400
S3.8O0
Por August.
100
100
300..
1.SO0
100
200
10O
2,500
8,800
1
1,800.
5 700
4.400
..
,1
88
1104
800
700
100
11-85
11-88
1,100
1.800
11-88
11-80
11 70
11-71
11-72
11-74
11-75
•
11-37
11.400
4.100
0,900
17,400
23,000
.
18.8011
12..* KJ
.
11-42
.
.... ...11-43
....
... 1 1-44
.... .. .11-45
....1117
....11-48
....
...
11-49
11-50
....
....11
PS
....10-47
....10-48
500
....10-49
200
2,200. ... ....io- v o
I
io-
800....
1000
...10-72
2,900
7.500.
...
....10 78
... ....10-79
5,800 .. . ....10 80
...
9.10
,.1158
I
4,500
2,000
.. .11-58
....11-59
1,000. ... ....1100
1.2'0
... 11-81
4.000. ... ....11-82
7,100
....lt-«3
5 100. .. . ....11-84
5,900
week.
....1185
.
10 82
10,800
2.900.
1,300
8.800
2.300
5.200
1.700
2 400.
...
8 200.
..
...
10-53
10-87
;<«>
...io«8
100
800
10-70
10-7«
4,000
m
10H7
10-88
1081
10 82
1083
10-88
IOBH
4,400
10-88
:
01 pd. to each. 200 Aug. a. n. for rear
OB pd. to each. 1O0 Oct. for Sept.
The following will show the range of prices paid for futures
and the closing bid and asked, at 3 o'clock P. M., on each day in
the past week.
Future*
Saturday.
Market.
Lower.
For Day.
July.
August.
••
8.0.
Scpt'b'r
October
Nov'her
Deo'ber
Jan'ry
1-Vli'ry.
March
Tr. ord.
Closed
I.i)
'I
I
Irregular.
Closing.
Low.
High.
For Day.
Bid.
Ulg\.
-
Futures
Wednesday.
Thursday.
Irregular.
Weak.
For Day.
-
-
—
ll-68-ll-50[ll-51 52
10-99-10-82 10-83 84
10-64-10-55 10-56 57
10-62-10-54'l0-54 55
10-68-10-57,10-58 OO
10-66 68
10-86110-79 81
—
Market
(losing.
low.
Btil. Ait
11 59
11-72-11-59 11-59
—
Closing.
«.l.n
For Day.
Closing.
—
For Day.
11.
Irregular.
Auk High. Low. Hid. A*k
11-60 62 11-6411-68 70
11 -72-11-58 11-60 62 11-72-11-52 11-68 70
11-62-11-60
11-60-11-49 11-49 50 11-70-11-50 11-63 64
10-86-10-81 10-83
10-98-10-82 10-92
10-59-10-55 1058
10-63-10-53 10-62 63
10-56-10-53 10 54 56 10-60-10-52 10-57 59
10-59-10-56 10-59 60 10-62-10-56I10-63 6
loiiS-10-65 10-65 67 10-70-10-67 10-73 7fi
10-83-10-81 10-79 81 10-81-10-80|l0-88 90
11-65
11-70
Quiet, steady
Steady.
—
—
-
11-60
Steady.
Friday.
Lower.
For Day.* Closing.
Closing
I
Auk High. Low. But. Atk High. Low. Bid. Am*
July...
11-60 61
August. 11-70-11-56 11-60 61 ll-60-ll'56 11-54 56 1 1-50-1 l-39fl 1-39 40
Elgh.
"
Low.
Bid.
11-48
— —
11-48-11-30 11-34
— 10-76-10-63 10-65 35
66
10-54-10-45 10-46
— 10-52-10-4510-45 47
46
11-05-11-54
s.n.
Sept'b'r 11-58-11-45 11-52 - 11-52-11-43 11-46 47
October 10-92-10-80 10-85 86 10-86-10-79 10-80
Nov'ber 10-61-10-55 10-58 60 10-61-10-56 10-54 5
Deo'ber 10-58-10-52 10-55
10-60-10-53 10-53
Jan'ry 10-61-10-57 10-59 60 10-66-10-60 10-56 5
Feb'ry. 10-67-10-65 10-69 70 10-72-10-68 10-66 69
March. 10-88-10-78 10-81 84 10-86-10-81 1079 80
11-65
Firm.
Tr. ord.
Closed.
-
To 2
P.
I
10-59-1(1-46 10-49
50
10-63-10-60: 10-59 61
10-81-10-72 10-72 73
11-40
Barely steady.
11-60
Barely steady.
M.
The Visible Supply op Cotton,
as made up by cable and
telegraph, is as follows.
The Continental stocks are the figure*
of last Saturday, but the totals for Great Britain ar.d the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals
the complete figures for to-night (Aug 1), we add the item of
exports from the United States, including in it the exports of
Friday only:
1877.
1876.
1879.
1878.
Stock at Liverpool
617,000 937,000 917.000
528,000
Stock at London
36,500
45,250
43,060
15,250
Total Great Britain stock
Stock at Marseilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at other conti'ntal ports.
571,060
107,000
2,000
27,100
4,000
21.300
32,100
500
100
6,500
Total continental ports....
200,600
StockatHavre
Total European stocks.. .. 771,660
India cotton afloat for Europe. 320.000
Amer'n cotton afloat for Eur'pe
45.000
Egypt.Brazil.&c.aflt for E'r'pe
8.000
8tock in United States ports
122,098
Stock in U. S. interior ports..
7.127
United States exports to-day
1 ,000
.
....10-57
1.200
1,500
....10 59
....10 60
800
800
....'0«l
....1002
.. 10-88
800.
...
300
Total visible supply
Of the above, the
....10-88
39.SO0
...
....10-.-S
....10-87
...
..
1088
F n r December.
200
....10-45
.. 10-48
....10-80
. .
10 90
900
...
....10-91
....
..
.
....IOCS
...1-93
10-47
....10-48
100
1.700
....
.... 10-50
00
...,in-9t
900
4,200
8.300
1,100
...10-95
4 700
....10-98
....10-97
8,500. ..., ....10-53
....10-54
4,400
2,
10-8
2,!100
1
IO-7»
10-7W
10-Mi
200
WOO
100
uriiil
632,250
168,250
5,000
32,000
7,000
39,500
47,500
9,000
6,500
19.000
973.500
217,250
6,500
64.000
73.250
45,000
10.750
7,750
13,500
962.250
159.250
6.50O
82,500
11.50O
59,000
62,750
15,250
17,250
23,000
333,750
454,500
437,000
16,500.
966,000 1,428,009 1,399,250
415.000
21)2.000
305.000
103.000
89,000
55.000
25.00O
21.000
7.000
181.116
163.420
82.978
23.469
12,503
5,642
1,500
100
totals of
1.274,885 1,348,720 2,018,923 2.148,335
American and other descriptions are as
follows
American —
Liverpool stock
Continental stocks
American
afloat for
Europe
United States stock
United States interior stocks..
United States exports to-day..
613,000
375,000
89,000
168,420
12,503
514.00O
331,000
103.000
181.116
387,000
151,000
45,000
122.098
7,127
1,000
493,000
287,000
55.000
82,978
713,225
923,720
141.000
43,060
49.600
320,000
8,000
124,000
15.250
46,750
232.000
7,000
561,660
713,225
766.000 994.250
425.000
923,790 1,252,923 1,154.085
5,642
23.463-
1.500
100
....10-83
8.400
I
...10-78
10-74
700
200
11.100
10.700
fooo
400
1,100
5.900.
1
11871
No notice this
10-83
10-85
...
400. ...
100.... ....10-71
....11-48
100in.lat.1182
800
Il-O*
400
800
100
2 000
For October.
800.
100
5.300
11-54
11-55
11-56
11-57
3,200
11-58
11-59
2,800
100 a.n. lst.ll'dO
4.200
1100
800
11-81
2200
For Noy
....11-35
000
0,800
200
'.25.700
1,000
1,200. ... ....11-38
200.... .. .11-39
M..1W.4
1.100
....
1109
1170
221.600
....1130
11-31
11-34
11-53
a.c. 1st. 11-55
1.100
1.200
.
10*3
tfrta
lOT^
lt».
200
700
BOO
.
1VS0
1152
200
1,100
lOOa.n.
..
800
400
700
1148
100 s.n. 4th. n-47
200
11-4S
.
300
For September.
11-89
11-40
11-44
11-45
Cts.
10-98
10-99
1,200
400
800.
1,300
Bales.
11-81
100
"
Cts.
11-88
10-01
...10 02
100
200
400
BOO
800
i-tiruarr.
700
900
to exch. 200 Sept. for Aug.
iW
131,6
13i!"«
lo- 50
IO-IKI
1,300
100
2,700
16
MOO
800
l<
WO
1
to ojcch. 200 Oct. for Sunt.
•28 pd. to exetu 200 .Not. for Oct.
121,6
125 16 123s
<l
10%
10%
107,g
105s
1118
1138
10%
l^ia
1013
Ilia
Tlilff
115,6
117
1156
Wed
Frl.
105,6 105,6 103,6 106,6
10',
1011,8 1011,8 109,6 1011,6
1013,6 1H,« lHl6 1016,6 H'l6
5
111,6 115 l6 115,6 113,„
16
7 16 ll'lfl 115
7 16
113,6
18
Str.L'wMid IH3 1113 1138 11=8 11=8 ll4 115*
Middling... |ll%
1158
ll^a
11% 11»8 11%
Stood Mid..!lU6 16 1116 16 'lll3 le 121 ,8 121,6 1116,6 121,6
-Str. G'd Mid 123 I6 I23 l6 121,8 l'-J°16 125,6 123,6 |125
16
Midd'g Fair 12T9 12^8 |12%
13
13
12?8
13
Fair
1313
1313
1338
1358
13»8
1313
1388
Sat.
10%
10%
131,6
13
13il,e 13il 16 13=8
101,8
STAINED.
105,6
1011,6
1058
Kor March.
_
Balea.
i""
The following exchanges have been made during tho week
'11 pd.
•71 pd.
—
—
10-40
Cta.
1010
1
900
For Janua rr.
100.
Ola. I Bale*.
lur/i
BOJ
10-51
10-S4 10.200
10-55
10 50
Kor
10-57.
100
2.H00
3»i0O0
;
;
123
...
10-51
...,10-H
Total American
En*t Indian, llrazil, <*c—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c, afloat
Total East India.
Total American
&B
1
,252,923 1,154,085
324.000
36.500
79.500
305,000
21,000
403.000
45.250
106.000
415,000
25,000
Total visible supply
1,274.845 1,318.720 2.018.923 2,148.335
6ii Sd.
6%d.
6%d.
O^rt.
Price Mid. Upl., Liverpool....
—
..
.
,
THE CHRONICLE.
124
These figures indicate a decrease in the cotton in sight to-night
of 73,835 bales as compared with the same date of 1878, a decrease of 744,038 bales as compared with the corresponding date
of 1877, and a decrease of 873,450 bales as compared with 1876.
At the Interior Ports
the
movement— that
is
the receipts
and shipments for the week, and stocks to-night, and for the
©orresponding week of 1878— is set out in detail in the following
fVoi..
XXIX.
Corsicana, Texas.—-It has rained during the past week on two
days, fine showers, doing great good, as the crop was suffering
much; but with this terribly hot weather, will need another
good rain in less than a week. Picking active. The ther-
mometer has averaged 87, the highest being 180 and the lowest
We have had one inch and seventeen hundredths of rain
78.
during the week, and two inches and sixty-six hundredths
during the month.
—
statement:
Dallas, Texas.
Rain has fallen during the week on one day, to
a depth of thirty-five hundredths of an inch, but it was not
enough to do much good, and we are needing rain badly. Picking
is progressing.
The thermometer has averaged 87, ranging from
Receipts Sbipm'ts Stock.
Receipts Shlpm'ts Stock.
74 to 101. The rainfall for the month of July is one inch and
820 forty hundredths.
344
148
315
1,844
91
Augusta, Ga
430
64
115
835
35
96
Columbus, Ga
Brenham, Texas. The weather during the week has been warm
457
22
283
9
Macon, Ga
"25
"98 '1,087
30
876 and dry, no rain having fallen. The crop is suffering terribly and
11
Montgomery, Ala
491 the plant is wilting. Bolls are dropping badly. The drought
154
49
23
182
22
Belmti, Ala
1,922
512
640
100
1,900
Memphis, T.,(est)
650 has induced precocious maturity, and nothing but a speedy rain
35
27
14
996
Naslivilln.Tv.iiii.can prevent disaster in the uplands, although bottoms can bold
5,642
1,212
948
234
585
7,127
porta.
out a brief peiiod longer. Picking universal. Cattle are sufTotal, old
fering for water. Average thermometer 88, highest 100, and
15
3
3
Dallas, Texas
30 lowest C4. There has been a rainfall during July of one inch
10
167
10
Jefferson, Tex
80 and forty hundredths.
238
117
125
60
20
Bnreveport, La
57
28
25
15
47
335
Vieksburg, Miss
New Orleans, Louisiana. The earlier part of the week the
4
60
12
1
Miss.
Columbus,
" 4
86 weather was clear and pleasant, but during the latter portion
129
12
69
14
Euf aula, Ala.
93 there have been showers on four days, the rainfall reaching one
25
3
Griffin, Ga
455 inch and sixty hundredths. The crop is developing promisingly.
487
22
147
Atlanta, Ga.,(cst)
'M
"44
147
150
78
7
Rome, Oa
"44
211 Average thermometer 82. Th* rainfall for July has reached
165
1S3
23
321
Charlotte, N. C...
944
1,108 seven inches and four hundredths.
101
574
3,472
397
3,021
1.015
1,590
142
198
1,944
Skreveport, La. Telegram not received.
Rain has fallen during the past week
Vieksburg, Mississippi.
5,363
1,30ft
3,100
478
6,839
Total, new p'rta
1,842
on two days.
11.005
2,790
4.312
1.890 13,966
712
Columbus, Mississippi. The days have been warm but the
Total, all
nights have been cold during the week. Rain has fallen on three
•Counted to-day (1st).
the rainfall reaching seventy-eight hundredths of an inch.
The above totals show that the old interior stocks have days,thermometer
The
has averaged 8(5, the highest being 90 and the
decreased during the week 351 bales, and are to-night 1,485
lowest 82. Accounts are more favorable and the crop is developbales more than at the same period last yeai. The receipts at the
ing promisingly. Corn has improved since the late rains, but they
same towns have been 714 bales less than the same week last
came too late to save the older corn. The rainfall for the month
year.
of July is three inches and fifty-five hundredths.
Receipts from the Plantations. The following table is
Wednesday and Thursday of the past
Little Sock, Arkansas.
prepared for the purpose of indicating the actual movement each week were clear, but the remainder of the week has been cloudy
week from the plantations. Receipts at the out ports are some- with rain on three days, the rainfall reaching one inch and thirtytimes misleading, as they are made up more largely one year two hundredths. The thermometer has ranged from C9 to 92,
than another, at the expense of the interior stocks. We reach, averaging 81. There has been a rainfall during July of three
therefore, a safer conclusion through a comparative statement inches and thirteen hundredths.
like the following:
Nashville, Tennessee.
Rain has fallen during the week on
RECEIPTS FROM PLANTATIONS.
five days, to a depth of four inches and ninety -eight hundredths.
The thermometer has averaged 78, the highest beiDg U0 and the
Receipte at the Ports. Stock at Inter'r Ports Rec'ptsfrom Plant'ns
Week
lowest 68. The crop is developing promisingly.
ending1879.
1877.
1878.
1870.
1877.
1878.
1878.
1879.
1877.
Memphis, Tennessee. Telegram not received.
Mobile, Alabama.
It has rained severely one day constantly
26,287 59,886 54,2*1 140,649 119,991 116,879 15,737 48,082 39,699
Apr.
one day, and showery four days, the rainfall aggregating three
21,183 51,391 44,851 133,363 108,633 107,005 13,897 40,033 34,977
18,010 39,016 40,187 128,411 95.979 91.966 13.058 26,362 25,148
inches and six*y-two hundredths.
Crop accounts are less favor26,641 38,856 36,183 117,074 89,142 87,294 15,304 32,019 81.511
able.
We are having too much rain and the plant is shedding.
7,020
13,^51
May
31,196
22,2-M
107,534
75,550
78,932
17.604
16,560
Much damage is feared. Caterpillars have appeared in Middle
7,471 14,472 11,616
17,309 24,252 19,031 97,696 65,770 71,546
Alabama, and although the damage done is as yet limited, it is
" 16.
4,968 10,760
7,600
86,376 56,433 59,249
16,288 20,097 19,89'
feared they will do much injury. The thermometer has ranged
" 23..
8,853
4,780
9.604
12,147 19,732 16,673 79,009 46,305 51,429
from 73 to 92, averaging 79. The rainfall for the past month is
" 30..
7,882
9,669 18,220 17,113 67,786 39,025 42,198
10,940
eleven inches and seventeen hundredths.
6,461
Jane «..
7,509
9,390 12,380 11,089 67,509 34,154 37,670
" 13..
Montgomery, Alabama. We are having too much rain. It
3,171
1,471
8,526 11,231
6,612 52,154 29,315 32,429
6,392
" 20..
4,066
has rained here every day of the week, the rainfall reaching two
7,188 45,760 23,28'
29,306
2,141
8,526 10,721
4,693
" 87..
6.293 35,811 21,240 25,223
2.210
6,519
6.879
4,1
inches and fifteen hundredths. Caterpillars have appeared, but
802
3,637 32,077 19,675 22,388
July «.,
6,102
5,949
4,384
with limited injury as yet. Rust is developing badly in several
4,404
3,032 28,997 18,033 20,691
11..
5,287
1,324
3,645
1,335
localities.
Crop accounts are less favorable. The thermometer
••
18..
3,676
2,809 27,9711 15,494 15,528
3,782
2,658
1,243
has averaged 78, the highest being 92 and the lowest 72. The
• SB..
3,299
681
4,086
3,272 25,361 12,587 14,410
1,119
2,154
rainfall for the month of July is live inches and twenty-one hun1.
Week ending Aug.
Week ending Aug.
1, '79.
2, '78.
—
—
-
—
.
—
—
—
1
1
—
—
—
—
—
—
Aug.
2,691
3.671
2.503
22472 11.005 13,966
2.149
2.069
The above statement shows
That the total receipts from the plantations since Sept 1 in
1878-9 were 4,448,834 bales; in 1877-8 were 4,254,613 bales; in
1876-7 were 3,939,000 bales.
2. That although the receipts at the out ports the past week
were 2,503 bales, the actual movement from plantations was
only 2,059 bales, the balance being drawn from stocks at the
interior ports.
Last year the receipts from the plantations for
the same week were 2,149 bales, and for 1877 they were
bales.
Weather Reports by Telegraph. The much-needed
Tain has fallen in Texas, though they have not had enough even
yet, and in some sections the necessity for more is great.
Very
1.
—
—
hot weather prevails there, and the early receipts will be large.
In portions of Mississippi, Alabama and Georgia they are having
too much rain, and dry weather is very desirable. In genesal
the weather elsewhere has been fairly favorable.
Galveston, Texas.
We have had local showers on four days
the past week, and a good rain is now falling. Rains in the
interior have been very partial and not enough anywhere, many
dredths.
— We
have had warm, sultry, wet weather
Selma, Alabama.
the past week, with rain on six days. Caterpillars have certainly
are
appeared, though the injury done is as yet limited.
having too much rain.
Madison, Florida. Telegram not received.
Macon, Georgia. We have had showers on four days the past
week. Crop accounts are more favorable. Average thermometer
We
—
—
and lowest 70.
are having too much rain. It has
Columbus, Georgia.
rained every day of the week, the rainfall aggregating five
inches and thirty-four hundredths, and crop accounts are less
favorable.
The thermometer has averaged 78. We have had a
rainfall during the past month of seven inches and sixty hun-
83, highest 93,
dredths.
— We
—
Savannah, Georgia. It has rained every day this week, the
one inch and ten hundredths. We are having
The thermometer has averaged 83, with an
extreme range of 73 to 95.
Augusta, Georgia. We have had warm, sultry, wet weather
sections not receiving a drop.
The crop is suffering dreadfully, throughout the week, with more or less rain on every day.
and some regions are nearly despaired of. The drought has are having too much rain, and accounts are less favorable.
forced the plant to maturity everywhere, and the movement will Cotton is reported as shedding in many localities. Average
be unprecedentedly early, but at the expense of the later portion thermometer 79, highest 90 and lowest 70. The rainfall for the
of the season. Picking is general. Average thermometer 84, week is three inches and thirty-three hundredths, and for the
highest 92, and lowest 70. '1 he rainfall for the week is forty- month six inches and fifty-nine hundredths.
eight hundredths of an in h, and for the month three inches
Charleston,
South Carolina. It has been showery three
and twelve hundredths.
days the past week, the rainfall reaching sixty hundredths
Indianola, Texas.
There have been drizzles on three days, of an inch.
Average thermometer 84, highest 92, and lowthe rainfall reaching seventeen hundiedths of an inch, doing no est 76.
good whatever
The crop htTJ is deemed nearly lost, and many
The following statement we have also received by telegraph,
sections will not make more than a bale to six acres.
The ther- showing the height of the rivers at the points named at 3 o'clock
mometer has Tanged from 78 to 95, averaging 86. The rainfall July 31, 1879. We give last year's figures ;Aug. 1, 1878) for
•for July is seveaty-two hundredths of an inch*
comparison;
—
.
—
rainfall reaching
top much rain.
—
We
—
. ..
.
1
Auowr2,
THE CHRONICLE
1879.]
JnlySl,
Aug.
'79.
1. '78.
Feet. Inob.
Feet, [noli.
6
8
10
Below high-water mark . 11
New Orleans
12
9
Above low-water mark... 11
Memphis
water
mark...
low3
Above
2
6
6
Nashville
18
3
8
Above low-water mark...
Shreveport
mark.
21
low-water
13
10
4
Above
Vlcksburg
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-watei
mark of April 15 and 16, 1874, which, is 6-10ths of a foot above
1871, or 10 feet above low-water mark at that point
.
. .
Comparative Port Receipts and Daily Crop Movement.—
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
We
have consequently added to our other standing
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the receipts at
each port each day of the week ending to-night.
PORT RECBIPTS FROM SATURDAY, JDI.T 26. '79. TO FRIDAY. AQO. 1. '79.
month.
D'ys
New
of
Or-
Mobile.
we'k leans.
15
65
13
Bat..
Hon
Tues
Wed
Char- Savan- Galleston. nah. voat'n.
17
23
13
87
73
6
12
41
32
160!
1
67
11
8
1
1
431
Fri..
104
29
24
10
51
200'
Tot..
250
72
37
280
Thur
9
The movement each month
Bept'mb'r
October.
Novemb'r
Decemb'r
January
.
February.
Marob
.
.
April....
May
July
65
541
Norfolk.
All
ming- others.
ton.
•JO
1878.
288,848
689,264
779.237
893,664
618,727
566,824
303,955
167,459
84,299
29,472
13,938
1877.
93,491
578,533
822,493
900,119
689,610
472,054
340,525
197,965
96,314
42,142
20,240
First Bale op Georgia
Georgia,
Jones, of Baker County.
for 21| cents per
89
88
;n
32
185
18
1,125
2.503
236,868
675,260
901,392
787,769
500,680
449,686
182,937
100,191
68,939
36,030
17,631
1875.
169,077
610,316
740,116
821,177
637,067
479,801
300,128
163,593
92,600
42,234
29,422
134,376
536,968
676,295
759,036
444,052
383,324
251,433
133,598
81,780
56,010
17,064
was
wu
cotton
raised
by P.
W.
wu
sold
pound.
Great Britain the past week and
bales to the Continent ;
while the receipts at Bombay during this week have been 4,000
bales.
Th9 movement since the 1st of January is as follows.
These figures are brought down to Thursday. July
Shipments this week Shipments since Jan. 1.
178
419
1.
1874.
new crop
It
weighed 432 pounds, and
It
laat
which had been
Bombay Shipments.— According to our cable dispatch received
to-day, there have been 3,000 bales shipped from Bombay to
since Sept. 1 has been as follows:
1876.
We add to the
dispatch from Macon,
bale of
first
received there from Albany, July 80.
Total
289
501
630
436
Cotton— A
reports that the
1873.
115,255
355,323
576,103
811,668
702,168
482,688
332,703
173,986
127,346
59,501
31,856
TotJy. 31 4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,768,597
Pero'tage oftot. port
81.
Receipts.
I
Great Continent.
Brlt'n.
98
264
401
204
C9
89
125
were to the same day of the month in 1877.
table the percentages of total port receipts
received Aug. 1 in each of the years named.
Wil-
Year Beginning September
Monthly
Receipts.
.
.
1879 3.000
1878 2,000
1877 1,000
V376
From
Great
Continent.
Total. Britain
7,1)00
1,000
3,000 210.000 305,000
9.000 2-jiS.OOO 3S4.O0O
•J, 000 371,000 399,000
515,000 345,000
the foregoing
it
would appear
This
XbtaL
Week.
Since
Jan. 1.
515,000
4.000
670,000, 2,000
770.000 2.0OO
800,000 2.000
763,000
839,000
980,000
982,000
compared with
that,
last
year, there has been a decrease of 6,000 bales in the week's ship-
ments from Bombay to Europe, and that the total movement
since January 1 shows a decrease in shipments- of 125,000 bales,
compared with the corresponding period of 1878.
India Shipments Other Than BoMBAr.— We began last week
to receive a dispatch from India of the weekly shipments from
That is to say, the following
all India ports besides Bombay.
statement includes the week's shipments to Europe from
Calcutta, Madras, Tuticorin, Coconada, Carwar, Rangoon and
Kurrachee. These figures are collected for us and forwarded by
For the week ending July 31 the shipments were as
cable.
follows. We also give the totals since January 1 and the figures
fer previous years for comparison.
Shipments since January
Shipments this week.
Great
Continent.
Britain.
1879
1878
1877
1876
Great
Total.
10,000
3,000
5,000
15,000
3,000
4,000
6,000
10,000
1.
Britain.
Continent.
Total.
207,000
80,000
77,000
86,000
113,000
46,000
45,000
69,000
320.000
126,000
122,000
154,000
99-34
9748
9799
9800
99 06
The above totals for this week show that the movement from
This statement shows that up to July 31 the receipts at the the ports other than Bombay continues large and in excess of
ports this year were 177,251 bales more than in 1877 and 478,351
a ny of the previous years in our record.
bales more than at the same time in 1876. By adding to the
Alexandria Receipts and Shipments. Through arrangethat
time,
we
July
the
daily
receipts
since
totals
to
31
above
receipts July 31..
—
shall be able to reach
(or the different years.
1878-79.
an exact comparison of the movement
1877-78.
1876-77
1875-76.
1874-75.
1873-74.
T'U'no30 4,421,749 4,238,246 3,939,755 4,056,109 3,456,872 3,736,741 |
948
486
1,456
-July 1...
343
ft
1,073
" 2....
970
271
1,511
8.
543
806
" 3....
1,176
1,864
650
1,315
1,548
2,518
" 4....
848
761
726
629
1,009
ft
" 5....
367
8.
414
1,163
2,067
069
" 6....
914
840
961
3,201
730
ft
•'
849
7....
1,112
S.
1,184
656
1,289
" 8....
334
930
8.
452
1,505
3,015
" 9....
815
563
1,013
8.
679
1,006
" 10....
322
796
798
872
1,782
1,128
" 11....
297
674
634
8.
694
1,323
" 12....
399
479
1,034
465
1,485
S.
" 13....
8.
346
726
629
439
1,731
" 14....
409
758
1,282
8.
1,205
1,042
" 15....
206
8.
834
978
325
1,507
" 16....
255
364
563
653
ft
1,187
" 17....
158
572
793
1,468
237
1,527
" 18....
1,382
613
839
1,247
S.
1,181
" 19....
390
415
633
1,094
439
8.
" 20....
S.
477
996
567
326
1,339
•"21....
542
239
S.
1,338
614
521
" 22....
521
772
8.
874
703
790
" 23....
406
489
572
8,
545
901
" 24....
334
711
603
1,795
301
870
" 25..
1,089
621
508
915
S.
402
" 26.
289
314
1,129
906
354
8.
" 27..
S.
447
249
694
157
1,114
" 28..
8.
501
201
1,267
458
602
" 29..
502
630
8.
482
541
493
" 30.
638
486
549
a
585
1,236
" 31..
178
480
501
1,315
288
999
Tot.Jy. 31 4,435,737 4,258,486 3,957,386 4,085,531 3,473,936 3,763,597
Aug. 1.
419
139
421
635
8.
1,092
Total
4,436,156 4,258,625 3,957,807 4,086,166 3,473,936 3,769,6S9
Percentage of total
p'rtreo'pts Aue.l..
97-99.
93-01
97-49
99-34
9009
This statement shows that the receipts since Sept. 1 up to
to-night are now 177,531 bales more than they were to the same
day of the month in 1878, and 478,349 bales more than they
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we shall hereafter reoeive a weekly
The
cable of the movements of cotton at Alexandria, Egypt.
receipts and shipments the past week, and for the corresponding weeks of the previous two years, have been as follows
:
Alexandria, Egypt,
July 31.
1879.
Roeeipts (cantare)*—
This week
8ince Sept. 1..
1,000
1,666,000
This
week
Exports
2,000
2,588,000
Since
Sept.
1.
This
2,703,000
Since
Tveck Sept. 1
This
Since
week
Sept. 1.
(hales)-
To Liverpool
To Continent
Total,
*
1877.
1878.
300 170,700 2,000 238,000 8,000 295,000
140,000
200 79,600
188,000
.
500 250,300 2,000 406,000 3,000 135,000
Europe
A oantar is 98 lbs.
This statement shows that the receipts the past week have
been 1,000 cantars, and the shipments to all Europe have been
500 bales.
Manchester Market.
—Our
market report received from
We
Manchester to-day shows no change in tone or quotations.
add the figures received for to-day (August 1), leaving previous
weeks for comparison.
1879.
8^ lbs.
Twist.
Shirtings.
d.
July 19.
"
Aug.
25.
1.
We
1878.
32s Cop.
d.
s.
8 78®938
6
d.
s.
l>a-a>7
8%a9>4 6 l«a»7
8^39 '4
6
li«a7
Cott'n
Mid. 32s Cop.
Uplds Twist.
d.
d.
419
4ia
413
6%
IS
18
d.
d.
Cotfn
8mbs.
Shirtings.
s.
ii.
s.
d.
8=8®9H 6 3 98 3
8"H»9aj 6
9 39"a 6
revise our figures for last year,
Mid.
Uplds
d.
41398 419
4H)SS 413 6*4'
which were incorrect in
our statement of last week.
—
Gunny B.vas, Baooino, &C. Bagging has not changed since
our last and the market continues to rule steady in tone, with
dealers asking 9Jc. for If lbs.,\10c. for 2 lbs., and 10t@llc. for
standard quality. The sales are not large, but fair parcels are
moving for present wants. Butts are ruling very active and the
feeling is firm as to price. Since our last there have been arrivals.
—
..
.:
:
:
THE CHRONICLE.
126
XXIX.
[Vol.
per " Big Bonanza" and "Clydesdale," of 10.196 bales. Most
of these lots had been sold previously, but notwithstanding the
lieavy delivery the unsold portion was eagerly taken, and for
paper quality 2 7-16'c. was paid, while spinning descriptions
brought 2 916c. At the close the market is very strong, with
holders asking 24 c. cash for paper quality and 2|@2ic for spinning grades on spot.
Liverpool.— By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port
The Exports of Cotton from New York this week show a
decrease, as compared with last week, the total reaching 2,671
Below we give our usual
bales, against 4,680 bales last week.
table sho-'i'jg tbe exports of cotton from New York, and their
direction, ioi- .'ach of the last four weeks; also th« total exports
and direction since Sept. 1, 1878, and in the last, column the total
for the same period of tbe previous year.
4,000-
Exports op Cotton
from New York
(bales)
since SErr.
1,
1878
:
July 11.
week
Sales of tbe
Forwarded
American
Of which oxporters took
Of which speculators took..
Sales
Total stock
Of which American
Total import of the
week
Of which American
Actual export
Amount
July 18.
42,000
4,000
31,000
5,000
1.000
589,000
451,000
10,000
9,000
3,000
218,000
33,000
bales.
afloat
Aug. 1
July 25.
37,000
3,000
28,000
4,000
1,000
506.000
429,000
16.000
8,000
5,000
209,000
37,000
41,000
2,000
30,000
5,000
45,000
2,000*
37,000
2,000
528,000
387,000
1,000
541,000
413,000
14,000
12,000
3,000
199,000
29.000
32,000-
8,000
3,000
195,000
30.000
Of which American
The tone of the Liverpool market for spots and futures, each dav of
Ihe week ending Aug. 1, and the daily closing prioes of spot cotton,
save been as follows
Same
Week ending-
Total to period
Exported to—
July
July
July
July
9.
16.
23.
30.
5,933
2,770
3,660
Liverpool
Other British ports
4,313
previ'us
date.
3-ear.
2,171 250,649 324,700
5,757
10,593|
Total to Great Britain 3,660 8,703 4,313 2,171 261,242 330,457
Havre
400
107
Total French
400
107
Bremen and Hanover
Hamburg
800
260
100
115
14,502
9,441
500 15,833 20,718
2,202l
4,986
2,835f 19,206
Other ports
Total to North. Europe
260
800
500 20,870 44,910
Spain, Op'rto, Gibralt'r, &c
All other
5,610
Total
5,610
&c
Spain,
9,326
14,402
Other French ports
3,660
9,9031 4,680
at
from
This
week.
N. Qrl'ans
Texas
Savannah
Mobile
|
Since
1
.Sept.
Philadelphia.
2,398
New
York,
3,721 168,633
6571 127.085
252 142,854
840
11,679
13,477
34,767
2,170
3,040
24,379
100
46
This year.
5,002 900,590
2,291 363,695
Last year.
5,921933,245' 2,392 343,4531
126
46,913
85
68 61,105
21,063
13,252
53,257
27
27,300
68 89,409
89,161,812
683 72,840
697 150,186
—
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
4,105 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
The Chronicle," last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday
night of this week.
500
300
—
1,134
4,105
The
particulars of these shipments, arranged in our usual form,
are as follows:
Liverpool.
2,171
York
Baltimore
Boston
,
Total
Bremen.
500
all
Total.
2,671
300
300
1,134
1,134
500
3,605
Below we give
4,105
news received
to date of disasters to vessels
States ports, etc.
carrying cotton from United
Brazilian, (Br.), at Liverpool, July 13, from Boston, is reported to have
sustained some damage by striking pier-head when changing docks.
Cotton freights the past week have been as follows: >
Mon.
Satnr.
Iuvcrpool, steam d.
sail
d.
do sail
Bremen, steam,
c.
.e.
Hamburg, steam, c.
do
sail
r.
.
'd'ii
i
.
.
3 16 ®l4
3
®J4
16
....® 7 32 •--® 7 32
....®v ...®58*
.-.® 13
...®»1 6 * ...®»16*
-..-® 7 ie ••® 7 ie
---®* B ie ...®"»18
®!fl
...®lfl
Tties.
3
la ®>4
...® 7 32
Wcdnes. Thurs.
3 16 ®l4
•.® 732 --® 732
...®&8* ...®5s*
...®>3
...® 12
...® 8 16* .-.®°16*
...® 7 16 ...®7 lri
...®* 9 ie ...®*» 16
...®*3
3i 6 ®Vi
...®ia
...®5s*
...®lg
Fri.
3
ie® 14
®
7
32
...®»8*
...® 13
--® 9 16* ...®9 16»
...®7 16 ...®7 16
...®*9,„ ...®*9 16
®is ...®>3
steam e. ....®...
'
*
Compressed.
6 9 te
6», 6
6'J
6=8
6=8
500
8,000
1,000
8,000
1,000
Quiet.
16
6»18
10,000
1,000
10,000
1,000
O.OOtr
1,000-
Futures.
Market,
5
P.
m.
Firm.
(
1
Quiet.
Quiet
but
Dull
9teady.
steady.
Firmer.
Steady.
The actual sales of futures at Liverpool, for the
below. These sales are on the basis of Uplands,
auless otherwise stated.
Delivery.
July
Aug.-Sept
delivery.
6 7 18
6is 32 @7 16
6ia
Oct.-Nov
Oct
Nov.-Dec
but
same week, are given
Low
Middling clause,
Shipment,
d.
d.
638®H 3 2 Nov.-Dec, n. crop,
I
6%
sail
6»i„
63i8
Monday.
Delivery.
Delivery.
July
6 7 i6® 13 32® 1a
Jhly-Aug
6 7 j8®io: 2
(
Aug.-Sep. 6 7 «® '632® *2
Sept.-Oct 6 >s a > 7 32® 9 i R
,
Delivery.
Sept.-Oct
63 18
6is
69 1B
Nov.-Dec
Dec.-Jan
Oct
Nov.-Dec
6l 7 3jr
Shipment.
Nov.-Dec, 11. crop,
67 32
....S 1^
sail
6i»3j
61132®% Aug.-Sept
Tuesday.
Delivery.
July
Aug.-Sept
Sept.-Oct
Oct.-Nov..^
Dec.-Jan
Aug-Sept
6H
6H
6i 7 32
63s
65 2
6l 7 32
:i
Delivery.
Sept.-Oct
Sept.-Oct
69, 6
Oct.-Nov
Oct
Mar. -Apr
613 32
«=s
63 16
Delivery.
fil»32
I
July-Aug
Aug. -Si )it
6»
18
6 9 16
Sept.-Oct
65g
6 J4
61» sa-
Nov.-Dec
Sept.-Oct
Wednesday.
Delivery.
Delivery.
Aug.-Sept
6l 7 32
July
Sept.-Oct
619 32
63g
6I4
6S 38
6I2
6« 16
Aug.-Sept.. .67i»®W>as
Sept.-Oct
6V2
69 32 ® 5 18
Oct.-Nov
Nov.-Dec
6632
63 3 2
Dec.-Jan
6II32
Oct.-Nov
Oct.-Nov
Nov.-Deo
Jan.-Feb
Aug.-Sept
Sept.-Oct
615,32
DeHvery.
Dec.-Jan
Aug.-Sept
Sept.-Oct
Oct.-Nov
Nov.-Dec
Oct
6*8
6I03261 7 32
65 18
63, c
69-e
THCR8DAY.
A ug.-Sept
Sept.-Oct
De livery.
Delivery.
Delivery.
July
6I2
6I032
61-32
Oct.-Nov..6"i6® n 32
® 5 18
Sept.-Oct
Nov.-Dec
tiis® 5 .-*"
6I3
Sept.-Oct.. ..6i 7 32®9 18
Sept.-Oct
Oii-us
69 32
6ig
Aug.-Sept
.
Friday.
Delivery.
Delivery.
Aug^Sept..6 7 i 6 ®l332
Sept.-Oct
Ght
Oct.-Nov
Nov.-Dec
Delivery.
67 , 6
61S30.
8q»t.-Oct
BRE ADSTUF FS.
2,171
Total
Ainnt
4.000
& exp.
Nevada,
1,229.... The Queen, 573
To Bremen, per steamer Mosel, 500
Baltimore— To Liverpool, per steamer Guillermo (!)
Boston— To Liverpool, per steamers Atlas, 236
Altmore, 221
Massachusetts, 200
Lmhope, 79
Iberian, 398
do
Sales
Spec.
Total bale?
New York—To Liverpool, per steamers Bothnia, 369
New
6*2
|
56,569
1,506 137,836
777:107,072
25
.
c-is
Oct.-Nov
Baltimore.
|
19,981
92,848
40,261
41 144,078
6,525
C 147.616
199 10,709
Foreign
Firm.
6>3
6»ie
Market,
5 P. M.
"2,398
Since
This
Since
This
Since This
week. Sept. 1 week. Sept.l week. Sept. 1
. .
Florida...
S.Caroliua
N.Car'lina
Virginia..
North. p'ts
Tenn., &c.
and
C'-J
Saturday.
Boston, Philadelphia and Baltimore for the past week, and since
September 1, 1878
Boston.
Friday.
easier.
Mid. Upl'ds
Mid. Orl'ns.
2,671 302,224 387,206
The FoLLOWiNa are the Receipts of Cotton
New York.
Monday Tuesday Wedn'sdy Thursd'y
Dull
Sept. -Oct
Grand total
Receipts
Saturday,
Spot.
Market,
12:30 p.m.
Friday,
P. M.,
August
1,
1879.
market has been only moderately active in the
past week, and prices were more or less irregular. The low
grades from spring wheat continued scarce and advancing, but
low and medium grades from new winter wheat were in increasing supply and drooping, with a tendency still downward.
To-day, the market was very dull, except for favorite brands
from spring wheat.
The wheat market gave way steadily until No. 2 red winter
sold at $1 11@$1 11M on the spot and for the next two rronths
$1 10@$1 10>2 for No. 2 amber, $1 15 for No. 1 white on the;
spot, and $1 13 for early arrival, and $1 05 for No. 2 spring.
At these prices a very large business was done for export, and
speculative contracts were covered to a large extent, checking
the downward course of values. The weather has been morefavorable to the crop of spring wheat. To-day, the market waslower at $1 10M@$1 10/& for No. 2 red winter on the spot, and
$1 10%@$1 11 for Oct. No. 1 white scarce on the spot, but
sold at $1 12% for Aug. Spring wheat quiet.
Indian corn again declined early in the week, but has latterly
ruled steadier. The depression was caused by the check upon
export trade, by reason of an advance in ocean freights, and the
recovery is due to the falling off in supplies. The demand is
also rather better, on strong foreign advices. To-day, easier,
with large sales of No. 2 mixed at 44%c. on the spot and 46%c.
The
flour
;.
for September.
Eye has advanced, selling at 65c. for No. 2 Western, to arrive,
and 68@69c. for No. 1 State, on the spot and to arrive. To-day,
the market was quiet.
Oats have been variable and at times much depressed, especThere is some speculative manipulaially for mixed grades.
tion for lower prices, but stocks are not freely offered. To-day,
the market was dull, with No. 2 graded quoted at 35^c. for
mixed, and 38/^c. for white.
—
—
:
August
3,
'
.
.
THE CHRONICLE.
1879.J
The
following are closing quotations
GRAIN.
FLOUR.
No. 2
$ bbl. $3 00® 3 75 Wheat^.-<ii|>i'i'Hno
No.3
spring,
mid
State
¥ bu. i 96 » OR
No. 2 spring
4 00® 4 SO
105 ®1 06
Western
Rejected
spring.
Extra State, <to
55®
4
70
78
80
4
Rod winter, No. 2 1 1'H.i „ loio
Western spring wheat
White
extras
4 50® 4 75
10* ®1 14
No. 1 whito
do XX and XXX
25
1 13 •1 13>D
4 85®
Corn— West, mixed
Western winter ship43 w 45
• 44*
Western No. 2...
ping extras
4 00® 5 10
do XX and XXX... 5 25® 6 25
Yellow
46 a 47
White
Minnesota putouts... 6 00® 8 00
50 » 53
City shipping extras. 4 60® 5 60 Rye Western
63 ® 66 in
State and Canada
Southern bakers' and
67
09
family brands
33 • 36
5 70® 6 50 Oats— Mixed
White
Soutu'u ship'g extras. 4 85® 5 50
37 • 41
Rye flour, superfine.. 3 40® 3 70 Barley— Canada W.
Corn meal
State, 4-rowod...
.®
Western, &o
State, 2-rowod...
2 00® 2 40
..... .»
Brandy wine, Ao
2 65® 2 75 Peas—Cau'da,b.& f.
75 ® 02
:
1
I
i
'
—
Receipts of flour and grain at Western lake and river ports
for the week ending July 26:
Flour,
Barley, Rye,
Wheat,
Corn,
Oats,
bush.
(60 lbs.)
bills.
At—
(196
-Chicago
lbs.)
36,000 528,545
126,930
39,241
53 1,015,569
7,447
84,138
2,995
47,800
36,359 620,779
2,250
31,835
Milwaukee
Toledo
Detroit
Cleveland
Louis
Peoria
St.
bush.
(56
bush.
His.)
1 ,176,543
13,910
123.183
4,800
48,550
131,470
215,290
bush.
bush.
231,857
16.400
8,422
14,080
14,400
134,667
162,600
47,182
3,600 10,315
1,620
"280 "450
2,213 4,875
5,500 23,700
Duluth
Total receipts at same ports from Jan. 1 to July 26, inclusive,
^or four years:
1879.
3,617,865
1878.
3,176,661
1877.
2,233,842
1876.
2,935,768
37,265.468
53.028,007
16.061,888
2,424,402
1,781,838
31.066,987
52,504,153
14,561,041
2,930,861
2,059,309
10.291,525
42,697,595
10,645,867
2,719,182
939,927
26,444.496
42,404,348
13,836,708
2,970,439
997,310
Total grain.... 110,561,603
106,062,371
62,273,596
86.653,307
Flour
bbls.
Wheat
bush.
•Corn
Oats
Barley
Eye. _
bbls.
Corn,
bush.
OlU,
Bye.
Peas,
bush.
bush.
bush
75,677
16,897
bush.
1,401,189
0,755
050.564
177,588
4,177
253 13,773
2.967
2,145
9,123
209.66S
189,123
1,638,763
107.112
165.520
200,897
11,399
14.535
Total for w'k 106,309
Previous week. 123,395
76,0 17
Same time '73. 59,357
2.813.498
1,951.796
2.203,814
1,503,720
1,601.681
2,230.723
.
lioston
Portland ...
Montreal..
Philadelphia
Baltimore...
Two weeks ago
The
tn
16.451
5,891
11.993
-.'53
81,513
62,977
1,651,302 233.420 81,1,9
I,fl89,089
2S.303
53.279
20.-HO
7:>.:svl
supply of grain, comprising the stocks in gn
at the principal points of accumulation at lake and seaboard
ports, and in transit by lake, rail and canal, July
' 26. waa aa
visible
follows:
In Store
Wheat,
at—
bush.
New York
Bo. afloat
(est.)
1,008,087
1,962,000
Albany
800
Buffalo
132,566
2,535,273
867,654
88,938
450,985
160,271
235,000
2*3,434
40,455
91,843
94.679
328.606
15.512
156,900
155,819
1,026.294
697,621
2,555,494
1,788,000
Chicago
Milwaukee
Toledo
Detroit
Oswego
St.
Louis
Boston
Toronto
Montreal (15th)
..
Philadelphia
Peoria
Inch
124,350 2,455,596 1,713,746 582,426 11,593 88,142
Previous week... 107,925 2,013,533 1,783,581 510,345 26,903 45,6(12
Same time '78 ... 96,172 1,870,576 2,203,344 589,683 39,629 61,940
Total
Wheat,
floor,
From—
New York
Dniiilli
(32 lbs.) (48 lbs.) (56 lbs.)
127
mapolis
Kansas City
Baltimore
Rail shipments...
Lake shipments..
On Canal (est.)
Total
July 19. '79....
.
.
July 12, '79..*..
July 5, '79....
.
June 28,
.
'79....
July 27, '78....
.
14,<76,281
13,473,847
11,701,597
12,184,153
13 438,605
5,686,271
Corn,
bush.
1,357,740
280,000
18,600
743,868
2,958,576
20,906
59,877
207.311
7.720
190.000
621,660
298.548
90,700
260,500
41,011
15.400
69.389
642,858
431,216
873,278
879,000
Oats,
bush.
82,173
265.0(H)
Barley,
bush.
Bye,
bush.
45,093
38.961
58,500
1,600
154.219
18.511
"6,200
'Xnjoo
76.960
83,052
50.070
22,921
27,453
4.306
21,000
51,015
27,149
12,900
38,090
"i', 130
''3,900
33.676
342
32.425
5.500
4,213
"6,565
9.5O0
0,736
7.6O0
7. ',.;.•
86
"ijsbo
1,200
1,345
38.141
11,486
"400
876
349.1
18,553
152,603
133,000
13.000
48.715
33.722
50.000
10,068,258 1,441,877 330.601
10,706,086 1,536,9 a 3.7.X79
11,757,399 1,489.490 380.475
11,547,230 1.581.99:. 366,334
11,46 t.633 2,027,994 373.852
6,612,204 1,419,093 1,070,214
318,393
311,743
329,9-9
423,074
435.506
271,076
THE DRY GO DDS TtADE.
Fmdat.
P. M..
Aug.
1,
1879.
There was a slightly improved demand for a few descriptions
of autumn goods during the past week, but the general market
1878-9.
1877-8.
1876-7.
continued quiet, taking into consideration the large number of
Flour
Bbls.
6,352,421
5,919,054
4,892,534
out-of-town buyers now in the city. Operations in staple goods
were mostly of a hand-to-mouth character, and printed calicoes
Wheat
bush. 93,364,234
77,492,"28
39,684,510
•Corn
93,098.402
87,603,769
81,646,506
were less active than expected; but there was an enlarged moveOats
32,021,700
26,972,598
21,691,654
Barloy
9,566,148
9,409,741
ment in worsted dress goods and ginghams, fall styles of which
8,492,032
Rye
4,738,181
4,036,126
2,897,878
were opened by leading agents. The most staple cotton and
Total grata.... 232,783,665 205,511,462 151,412,580 167,563,765 woolen fabrics were steadily held, but the late loll in the
Comparative shipments of flour and grain from the same demand has apparently checked the upward course of values,
for the present at least. Large lines of white and Turkey-red
jports from Jan. 1 to July 26, inclusive, for four years:
cotton handkerchiefs were disposed of through the auction
1879.
1878.
1877.
1876.
-Flour
bbte.
3,830,131
3,253,137
2,310,126
3,127,303 rooms, and as the sales were well attended fair avarage prices
were obtained.
Domestic Cotton Goods. The exports of domestics from this
Wheat
bush. 38.901.346
24,694,927
10.043,307
24,887,132
Cora
47,089,308
45,555.730
36,732,291
38,808,346 port to foreign markets during the week ending July 29 were
•Oats
12.236.606
9,502.903
8,003,101
12,150 544 1,867 packages, shipped as follows: Great Britain, 1,041; Peru,
Barley
2,051,088
1,589,554
2,104,202
Total receipts (crop movement) at the same ports from Aug.
to July 26, inclusive, for four years:
1
—
1,718,339
1,662,050
821,831
1,222,300
391,245
96.999,687
83,005,164
57.704,732
77,979.567
Rye
Total grain
Rail
and lake shipments from same ports for the
Brazil. 198; Venezuela, 71; Hamburg, 68; British West
Indies, 58; Central America. 51; U. S. of Colombia, 40; Mexico,
There was a somewhat widely-extended demand for
40, &c.
brown, bleached and colored cottons, cotton flannels, grain bags,
&c, by inferior jobbers, but as selections were chiefly restricted
to small lots, transactions were only moderate in the aggregate,
and the jobbing distribution was comparatively light. Stocks
are still well tn hand, notwithstanding the limi*«d demand
reported of la'e, and prices are firmly main'ained as the role.
Print cloths were fairly active and prices advanced to 4 1-16@
4Mc. cash for 64x64s and 3)2@3 9-16c. ca«h for 56x60s. Dark
prints were in irregular demand and, on the whole, sluggish, but
there was a fairly satisfactory movement in ginghams, new fall
styles of which were placed on the market by agents represent-
241;
last four
weeks:
Week
Wheat,
Flour,
bbls.
bush.
150,463
118,268
11S.729
101,735
3,253,115
1,455,715
1,423.664
1,612,352
Corn,
bush.
1,301,494
1,985,287
2.179,461
1,702,374
501,823
430.433
416,652
432,902
Rye,
bush.
82,437
11,322 108,370
22,807 92,475
11,678 39,624
Total, 4 w'ks. 492,195
7,774,846
7,172,116 1,781,815
64,360 322,906
ending—
July26
July 19
July 12
July 5
Oats,
bush.
Barley,
bush.
18,">53
Tot.4wks*78 3t5,733 3,103,941 7,456,175 1,760,451 50.279 93,857
Receipts of flour and grain at seaboard ports for the week
ended July
Flour,
Wheat,
At
New York
bush.
73.659 2,735, 179
Boston
Portland
Montreal
Philadelphia
Baltimore
New Orleans
33,370
2,350
bbls.
70,^00
9,692 182,692
12,010 616,800
15,291 1,653,760
15,538
13,190
Corn,
bush.
Oats,
bush.
998,120 345.345
207,673 36,250
4,000
1,500
135,258
853
ln3,000 64,400
141,400 20,000
9,087 18,0ii8
Barley,
bush.
18,900
Flour.
.bbls.
Wheat
bush.
Rye
Total
1879.
5,477,770
1878.
4,644,876
3,584,020
53,061,621
68,406,789
11,937,811
40,345,558
6.172,81-2
66. 11 13,595
11,491,7-it
46.300,797
1,731,9 >7
2,415,832
2,555,613
2,135,774
1877.
9,437,2 17
1,985.865
697,850
bush.
17,462
400
24962
85.653
50,313
58,456
Exports from
£ or week ending July 26:
fabrics were male to package buyers at about last year's prices.
Shawls were only in moderate request, and skirts were lightly
1876.
5,141,011
dealt in.
25,475,169
50,093,579
13,677,381
1,935,054
840.323
122.917.3-2
64,594.591
92.071. -11
United States seaboard ports and from Montreal,
187,8.18.952
—
Rye,
5,100
2,000
Total week
162,410 5,291,821 1.628.638 486.416 18 900
Previous week... 153.(197 3,664,450 1,665,018 401,9 "7 25 '00
Cor. week '78
149.695 2,339,292 2,042,967 558,723 1 3V.OO
Cor. week '77.... S9.410 185,3611,262,381192.144 14 430
And from Jan. I to July 26, inclusive, for four years:
Corn
Oats
Barley
ing the most popular makes.
Domestic Woolen Goods. The demand for men's- wear woolens
was almost wholly confined to such small re-assor ments as were
actually required by the clothing trade, and transactions were
Low and medium grade fancy
light in the aggegate amount.
cassimeres were in moderate request, and the best styles are
steadily held; but fine fancy cassimeres, suitings aid cheviots
ruled quiet. Overcoatings continued quiet, but cloakings were
taken in relatively small lots to a fair amount. Kentucky jeans
were sought for in small parcels, and prices were fully mainFlannels and blankets
tained, bnt satinets moved slowly.
remained sluggish and steady. Worsted dress goods were
opened by leading agents, and liberal sales of staple and fancy
26:
'
i
—
Foreign Drt Goods. There was very little improvement in
the demand for imported goods, and selections were chiefly
restricted to small parcels of the most staple fabrics, such as
silks, black cashmeres and linen goods, prices of which are
steadily maintained. Several large offerings of Hamburg
embroideries were presented in the auction rooms, and the
goods were readily distributed at apparently satisfactory
prices.
i
—
.
.
.
.
..
—
.,
THE CHRONICLE.
128
Manufactures of—
Wool
$
370,033
804
1,082
280
Miscellaneous
276,191
300,380
118,042
71,414
2,796 1,032,275
3,980 1,442,758
Total
$
266,248
644
713
440
564
435
317,494
445,859
200,397
102,975
948
Value.
Pkgs.
Value.
Pkgs.
Value.
1,172
Bilk
1879.
1878.
1877.
853
1,411
433
5.7(19
corresponding period in 1878:
590,131
459,367
589,477
304,208
122,610
1,412
1,600
Week ending
July 29.
Ashes
Beans
2,005,794
ING
254
190
70
298
129
1,149 294,811
3,986 1,442,758
911
87
Bilk
404
163
Flai
Miscellaneous
Total
Ent'd for consumpt.
Total on market
.
3,737 1.291.996
Barley and malt
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
Hides
365,262
1,053
5,709 2,065,794
561
458
175
712
545
Bilk
Flax
Miscellaneous
409
304
259,352
154,020
120,080
143,965
34,372
174,036
86,291
50,862
40,667
25,687
68
207
320
553
284
76
574
213,632
82,436
51,361
124,290
8
252
Total
Ent'd for consumpt.
2,451
711,795
3,986 1,442,758
1,308
377,543
2,796 1,032,275
1,495 471,971
5,709 2,065,794
Total at the port. .
6,437 2,154,553
4,104 1,409,818
7,204 2.537,765
Imports of Leading Articles.
The following table, compiled from Custom House
China,
Ac—
Earthenw
.
Glass
Glassware
Glass plate.
Buttons
Coal, tons...
Cocoa, bags.
Coffee, bags.
Cotton.bafes
Blea. powd.
Cochineal..
.
.
Gam, Arab.
Indigo
Madder, Ac
Oil, Olive..
Opium
23,780
11,281
2,225
30,872
3,456
4,141
1,768
27,800
20,302 Tobacco ....
14,979 Waste
1.208 Wines,
9,218 Chauip'gnc
2,023
baskets..
4,475 Wines
2,191 Wool, bales.
25,692 Reported by
Ac—
....
777
451
value.
Soda, bi-cb.
Soda, sal...
'Soda, ash..
8,665
34,120
37,948
Cigars
Corks
1,788
5,351
14,301
34,143
36,854
1,974
3,831
cloth
500
588
bales
2,319
123,664
114,815
Flax
Furs
Gunny
Hair
Hemp,
Hides,
Ac. .
Linseed
Molasses...
Metals, Ac-
la isi
.
. .
us
822 Hides, uudr.
1,376
Ginger ....
Pepper ....
308 Saltpetre
210,808 Woods57,355 Cork
...
Fustic
Cutlery
Tar
Pitch
Oil
cake
Oil,
Oil,
lard
whale
Peanuts
ProvisionsPork
Beef
Cutmcats
Butter
Cheese
Eggs
Lard
Lard
1878.
45,030
776,366
9,113,837
80,931
4,280
717,765
24,924
019,269
6,792,886
79,555
461,444
372,791
940,898
399,130
31,695
1,285,605
526,067
32,711
310
291
60,822
100,101
27,584
52,823
85,134
20,633
777,906
42,415
465,584
220,660
805,069
34,003
428,722
202,712
772,917
900,470
1,389,345
1,305,049
409,420
407,416
6,273,930
227,425
473,435
373,909
0,615,059
157,381
Beeswax
217,062
91,981
320,217
190,607
120,015
37,134
248,635
124,040
Wheat
Rye
300,104
85,800
413,572
122,704
269,376
27,350
431,032
42,235
65,221
46,424
166,446
23,830
1,059,851
803.350
1,246,395
310,230
487,117
32,575
49,869
23,065
62,539
18,355
1,117
30,035
60,167
89,724
47,292
168,358
77,809
168,915
34,679
774,579
650,297
Logwood
Mahogany
.
Pork,
Beef,
Lard,
Bacon,
Cheese,
Tallow,
Mils.
bbls.
lbs.
lbs.
lbs.
lbs.
711
61
537
100
Br. N. A. Col.
Oth'rcountr's
123
220
44
989,043 6,677,052 7,225,252
85,800
19,710
42,292
30,000
747,800 1,248,000
5,600
178,625 389,580
341,050
2,200
43,080
39,574
120,992 297,895
8,000
365,750 598,980
176,000
7,500
3,000
1,066,000 1,292,655
221,560
59.375
24,000
222,690 2,088,633
2,500
69,350
64,000
444,500
166,250
3,000
428,474
42.749
9,789
997,530
240,318
41,438
14,190
34,680
13,845
2,673
Total week .
Previous w'k
5,396
5.689
3,050
3.146
4,829,841 12,431,654 9,931,499
6.033.864 14.461.300 8.884.931
London
Glasgow
Bristol
175
W. Hartlepool
British ports.
Hamburg
Antwerp
Bremen
25
14
75
165
20
112
105
38
Marseilles
......
Oont'l ports..
25
35
S.ACAmerica
515
215
West Indies
3,328 1,006
.
437
A bbls.
36,273
34,170
119,996
6,827
4,725
kegs.
871
bbls.
tcs.
No.
8pclter
Stearine
"451
pkgs.
—
Sugar
Sugar
Tallow
Tobacco. ..... boxes
A
44
135
slabs.
pkgs.
bbls.
11
bhds.
pkgs.
233
899
cases.
3,865
2,998
3,280
2,328
Tobacco....
hhds.
Whiskey
Wool
bbls.
bales.
1,533,248
335,928
497,784
24,729
19,807
18,028
13,560
537
12,406
48,977
106,950
82,712
115,325
55,487
Exports of Leading Articles of Domestic Produce.
The following table, based upon Custom House returns, shows
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the 1st of January, 1879, to the same day, and for .the
Week ending
July 29.
Ashes, pots
Ashes, pearls
Breadstuff's—
Flour, wheat
Flour, rye
Naval StoresCrude turpentine
Spirits turpentine
Rosin
Tar
Pitch....
Oilcake
Oils-
020,300
Whale
Sperm
Lard
11,000
Linseed
Petroleum
ProvisionsPork
Beef
Beef
Cutmeats
Butter
Cheese
55,000
22,000
988,900
Lard
40,000
160,695
6,405
1,000
1
90
968
170
119,076
1,713,519
3,866
95,998
26,802,494
2,337,280
358,642
101,810
1,426,420
2,815
127,146
25.302,083
2,380,205
1,745,107
1,514,649
304,901
16,675,296
27,247
33,055
260,235
93,831
40,345
37,481
900.984
bbls.
bbls.
bbls.
bbls.
bbls.
.cwt.
gals.
gals.
gals.
gals.
gals.
Whalebone
1
58,567
50
4,923
1,413,574
250
4,453
5,787
790,383
1,170
2,752
4,089
1,891
2,151
984
27,722
40
36,632
97
5,748,272
5,784
1,303
lbs.
...lb«.
lbs.
lbs.
10,498,714
496,621
6,406,266
3,799,253
lbs.
228,170
20,332,499
35,911
47,659
159,666
75,043
39.504
16,731
100
124
888
142
125
bbls.
bbls.
tierces.
bbls.
Rice
--lbs
Tallow
hhds.
Tobacco, leaf
bales and cases.
Tobacco
Tobacco, manufactured, lbs.
,005,300
last year.
28,238
pkgs.
—
Same timo
lbs.
bush.
bush.
bush.
bush.
bush.
bush.
pkgs.
Oats
Barley
Peas
Corn
Candles
1,
1,041
bbls.
bbls.
bbls.
Corn meal
Since Jan.
1879.
bbls.
bbls.
The following are the exports of provisions from New York,
Boston, Baltimore, Philadelphia, Montreal, Portland, and New
Orleans, for the week ending July 26, 1879, and their distribution;
807
1,331
257,746
11,733
962
bales.
bales.
Liverpool
400
8,454
1,102
Hops
To—
1,158
5,004
pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
Hay
323
18
111,209
galls.
Exports of Provisions.
2,294
292
122,250
109,442
76,654
49,434
2,435,273
bush.
tons.
bales.
2,730
.
20
bbls.
bbls.
bbls.
bbls.
bbls.
pki
bbls.
Coal
Cotton
Domestics
Hardware
».
Oranges
Nuts
.. .
2,688 Rice
25,756 Spices, Ac842: Cassia
1,519
371
300,313
70,789
-
Ac-
Lemons
806
896
.
Watches
Fruits,
2,897
28,414
.
India rubber
Ivory
Jewelry, Ac
Jewelry
Fish
2,607;
. .
Hogs, dressed
Rice
5,751
1,114,451
9,343
1,476
2,381
88,169
3,093
corresponding period in 1878:
.
.
Fancy goods
I
Bristles
Hides, dr'sd
.
7,194 Lead, pigs
21,211 Spelter, lbs
142,387 Steel
11,778 Tin, boxes
3,268 Tin slbs.,lbs
5,076 Paper Stock.
64,702 Sugar, bhds,
14,251 tcs., A IiMh.
901,621 Sugar, boxes
2,943 and bags...
Tea
Drugs, Ao
Bark, Peru.
Gambler
7,443
21,657
131,057
19,609
2,851
5,489
28,818
18,920
1,325,521
9.682
1,923
43,614
222,618
12,773
1,303
262,472
10,392
250
195
150
bbls.
Rosin
Ac-
Metals,
China
1,060
39,014
177,543
14,743
268,190
42,819
1,280
3,809
pii
-hi
Turpentine, crude
Turpentine, spirits.
returns,
1879.
1878.
2,259,717
118,237
26,740,628
1,962,573
20,243,047
6.831,434
2,581,627
456,051
486,042
Naval Stores
shows the foreign imports of leading articles at this port since
January 1, 1879, and for the same period in 1878:
[The quantity is given in packages when not otherwise specified.]
1879.
2,834,112
97,057
27,450,496
1,286,937
22,988,252
5,830,069
2,166,667
234,057
432,779
15,008
3,533
95,017
125,527
87,082
40,023
2,437,159
440,217
4,941
75,432
No.
Molasses
Molasses
last year.
82,459
2,153
2,762,328
39.S22
1,070,066
bales.
hales.
sides.
Leather
Same time
2,731
42,633
•
bags.
bags.
Lead
1
1,
4,043
41,345
bales.
bbls.
Hops
6.762 2.131.056
ENTEREI FOR WAREHOUSE DURING SAME PERIOD.
Manufactures of—
Wool
bush.
bush.
bush.
bush.
bush.
bush.
Corn
Oats
167,623
69,878
73,935
48,198
5,628
382
229
105
204
133
96,662
51,320
48,854
54,292
8,593
259,721
2,796 1,032,275
5,135 1.737,569
.
Wheat
Rye
THE SAME PERIOD.
105,217
55,678
65,295
58,499
10,122
295
200
bbls.
bbls.
Corn meal
Since Jan.
1879.
59
585
bbls.
bbls.
Breadstuff's—
Flour, wheat
WITHDRAWN FROM W4REHOUSE AND THROWN INTO THE MARKET DURManufactures ot—
Wool
XXIX.
Receipts of Leading Articles ol Domestic Produce.
The following table, based upon daily reports made to the
New York Produce Exchange, shows the receipts of leading
articles of domestic produce in New York for the week ending
with Tuesday last (corresponding with the week for exports);
also the receipts from January 1, 1879, to that day, and for the
Importations of Dry Gooda.
importations of dry goods at this port for the week ending
July 81, 1879, and for the corresponding weeks of 1878 and
1877, have been as follows:
ENTERED FOR CONSUMPTION FOR THE WEEK ENDING JULY 31, 1879,
The
Pkgs.
[Vol.
916
245
64,607
1,916
297
60,640
577
135
10,913
140,824
5,094
3,973
5,889
110,219
4,535
3.262
1,005,712
1,331,696
186,267
94,485
774,563
6,447
125,149,349
253,391
449,895
765,839
4,250
98,381,090
140,308
30,725
33,563
361,285,842
18,299,097
76,905,935
150,982.661
9,712
40,050,113
30,038
15,258
3,979,514
32,493
149,725
29,550
39,213
303,992,854
10,902,090
76,790,226
173,205,188
13,636
46,078,793
52,444
41,424
4,176,286
85,789
..
August
.
.
.
THE CHRONICLE.
2, 1879.
U£NEitAL
II,
North River sMnn'nt-
t%
2 50
; no
'.2 00
90
Croton
Philadelphia
*) bbl.
Cement— Knsendaie
Lime— Rockland common.. ..V bbl.
Rockland nnl-ihlng
iumoer-Plne.g'd to ex.dry.*! M It.
Pine, shipping, box
do tally boards, com.to g'd.each.
9 73
ft
9 BO
W
Western
CHKKS&—
.15 iv)
Sun
Ohio
flat,
2
1
4
2
fairtonne
New-
Auction,
July 30.
burg.*
Hoboken.
INDIA
i
*.'
12 10
M
5>»
ord.ear
St.
"
44
14
14
12
12
"
"
•*
•*
"
Savaullia
Costa Klca
'
«
Sheathing, new (over 12 ox)
Braziers' (over 16 ox.)
DYES—
Alum, lump, Am
«
15
••
15s
11H
17
17
Bleaching powder
Brimstone, intfs ft Srde
Brimstone, Am. roll
Uastoroll.E.I.lnbond
'gal.
Caustic soda
* 100 lb
Chlorate potash
V
Cochineal, Honduras, silver
Cochineal. Mexican
9>
3
15
119
ft
55
53
per
100 lbs.
v
Glycerine, American pure
...
s
6
a
11HS
I1M
I'.^a
21
a
a
a
28
94
28
29
a
•*
'•
"
**
V
bbl. 1 40
•
"
»
1 4W
1
1
u
84
a
3
!
1
;
R*
no
26 <<«
25
S5
26*
31K
800
37x«
1
a
Almonds, !"rdao shelled
4 50
a
tt 1*>
53
ft
(new)
Walnuts, Naples
Pecan....
(In
IS
a
28
a
a
,S0
SO
4 25
5 IW
23
Si
3 50
35
lb.
Cotton seed, crnde
Olive, in casks V gall
Linseed, casks and bbls
Menhaden, crude Sound
Neat Btoot, No. 1 to extra
Whale, bleached winter
Wbale, crude Northern
Sperm, crude
Sperm, bleached winter
Lard oil. Sob. 1 and i
M
a
3
ft
a
a
ft
1
O'.xa
1
57X4}
6JX
10
Co"
105
2
a
a
163
5',a
6
16
OIL
Kalslss, Seeaiess, per saib.lrail
4
1
I
Valencia
Currants
Citron
Prunes. Turkish, new.
*
ft
UK*
J
French
10
a
13
5 50
a
Dates
a
new
Canton Ginger...
»>
hajf Ilot. ...
Aalf
V quarter box..,
Macaroni, Italian
Domestic Dried-'
Apples, Southern, siloed
.4»case.
sardines,
Sardines,
1:
V %
*
a>.
qaarters
Stale, sliced
11
11
8
ft
ft
ft
ft
ixa
:*•
quarters,.
Peaches, pared, Ga..goed to ch'ce.'.
nnpared kalves and qra.
do
Blackberries
7.
Raspberries (new)
Cherries.' pitted, dry mixed (now). "
'
,
.....I
9
<
i 1
»
ft
14
12
ft
ft
U •
64
"
17
75
44
40
7S
»3
45
'•
•
"
"
*'
"
CAKE—
.'X
14
6H
15
S«
16
11X
<
in
b
M
15
13
Batavla
Ginger, African
do Calcutta
"""
"
'
*
s
4
bbl.
'*
"
Bcel, pain meSB
Beef, extra mess
"
Beef hams, Western
Bacon, West, long clear
"
Hams, smoked
M
a
5X
10H
a
• a
M
.,
"
Lard. City steam
R1CECarollna,
Louisiana
fair to
Rangoon,
bond
In
*a,
prime
"
V
BALT-
i*
t>
,
bush.
to
10 23
11 50
19 IM
3
a
a
nxi
5-90
12.
|X»
^
a
2>
ft
,
J •
"
128
Tsatlees, No. 2
I 00
1...
1.5
_
a 124
a
a IN
200
07
Store Pricv.
14H«
'
14
H
*•
ft 1st
lt'X
quality "
.a
••
a
M
"
14
•'
common refining....*)
Fair
10)4
••
».
:...."
Good
••
refining
"
Porto Rico, refln fair to prime
Boxes, clayed, Nob. I0ftl2
,
••
'•
Melado
•«
Manila, sup. an.1 ex. anp
Batavla, Nos 1'JftM ...
Brazil. Nob. 9<311
"
"
.
••
"
R'ftned— Hard.crnabed
Hard, powdered
do granulated
do cutloaf
Collee, A, standard
••
••
••
"
do
off A
WhlteextraC
RxtraC...
••
"
-
"C"
••
»
Yellow..
«*
ft
». j
at
ij. :e(a
TEA-
Uyson, Common to (air
do Superior to fine
do Rxtraflne tonneut
do Choicest
!Toang Hyson, Com. to fair
do
Super. to flue
do Ex. Dneto finest
do
Choicest
Bunpowder.com
it •
a •
98
)/:
1
25
88
93
17
90
43
60
to fair
do
Sup. to fine
do Ex. fine to finest
do Choicest
Imperial,
Com. to
do
do
ft
18
Nominal.
B
Kx fine to finest
Choicest
47
22
32
48
TO
23
35
5«
Bone. ft Cong.. Com. to (air
do
Snp'rto fine
do
Ri nneto finest.
do
Choicest
13
27
40
.
74
*>.
"
"
i:**
»>bx.
4 9' ft
5 37X5
"
14K4
»*
com. to
sxa
3X«
fine.
Virginia LeafLugs, common to fine
Dark wrapper*
Bright wrappers, common to
Yara, 1 and 11 ms. assorted
341
N
Banca
English, refined
Platee. I.C., coke
Platea.cbar. terse, 14x20
"
21
IS
18
17
•X
SI
Straits
f
ri
is
fine.
ft
13K
.Z.
1 50-
5 SO
4X*
11X
4
15
49
px»
81
.
line
28
94
SO
SO
IS
IS
.si
TIN-
«
8*
48
70
IS
Ex.flne toflnest
leaf,
n
u
4U
n
do
Bxtraflnetoflnest
Hyson Skin. ft Twan.com. to fair.
do
do
Sup. to fine
do
hx tine to lines'. ...
do
UncoloredJapan.com. to tatr...,,,
do
Bnp'rtofine
do
9
•
a
a
a
ft
fair
line
Sno.to
t.o
ft
Nominal.
•
Manufac'd.ln bond, black work
"
" bright work
11
a ISO"
a 18
14
ft
40
82 ft
84
Si ft
33
18 ft
40
__
»»
American XX
American, Noa. 1 ft 2
American, Combing and Delaine ...
•
a
Extra, Pulled
No. 1, Pulled
40
41
4J
2S
I
n
ii"
Texas, medium, Eastern
24
24
Smyrna, unwashed
13
S«V'
a
ToLimrooL:
l.d.
» ».
Cotton
Flour
175
heavy goods. .4) ion.
Corn.blkftbga. » bn.
Wheat, balk ft bags..
6 28
Beel
Folk
»
bbl.
JiMMj.
V hi.
t.
d.
».
"»T<i.
<».
7-S
X
8-lSft
us 8
22 6 ft<2 4
2 4
,...es
....ai
to
a
FREIGHTS—
8 62X
IN
28
20
18
IS
'Texas, fine. Eastern
5 51
10
79
23
Iniertor.
Nun
1
ft 17 00
ft 100
1
American blister
American cast, Tool
American castsnrlng
American machinery
American Oennac soring
Inferlor to
14
gold.—
Whiskey ..................:...."
STEEL—
SnGAR-
1IH
«
....ft
... ft
Burry
Bonth Am. Merino, unwashed
Cape Good Hope, unwashed
250
¥*»
per 1001b. 5 25
Re-reeled Taatleea, beatBe-r4Ml*4 Canian Congoun, No.
»Xft
Superior, unwashed.....
Fair
SILKTavsaams, No.
I
4
California, Spring Clip-
a
sack.
'
M
Brandy, foreign brands
* gall.
SO
••
Rum— Jam. ,4th proof
4100
I
St. Croix, 8d proof
... •
830
Gin
........
2 ;s
Whiskey, Scotch
" " i so
••
do
Irish
60
Domestic liquor*—
Alcohol
ff
»ii
V)
'"'
WOOLCO
10
19 to
ft i:
ft 12
SALTPETREReflned.pure
Crude
Nltratetoda
'
,
;
SPIRITS—
Havana, com.to
1
IOC lb
V
Turk's Island
St. Martin
Liverpool Ashton's fine
a
8 75
....ft
...a
4
'"
H
a
1
Pimento, Jamaica
Cloves
do stems
Kentucky lugs, beaiy
*,«
••
B7W
00*
3
Mace
!.....
Nutmegs, Batavla and Penang
TOBACCO—
i
V *gal.
*
4
il
do
*'
Pork, mesB.Bpot.... ,.
Pork, extra prime
Fork, prime mess. West
,
93
1 70
1
ft
ft
2Hft
15
PROVISIONS—
a
t
a
so a
~H»
1
"
Crnde, In shipping order
Cases
Refined
Naphtha, City, bbls
1
3 25
so
Layers
Loose
36
"
PBTROLE0M-
;•:,
I
a
;xa
gal.
City, thin oblong, bags
V ton.
Western, thin oblong (Dom.). "
24
15
V
I
r
Oolong, Common to talr
do Superior tonne
OILS—
lXa
bond)
Am
yx
OAK DM-Navy.U.S. Navy ft best » »
3)
90
a
Pepper, Batavla.
do
Blnaaporo
do
white..
Uasila, China Llgnea
1
a
tux*
"
•
SPICKS—
Prime city
IS
a
gal.
•
4S
ft
00
TALLOW-
19
23
23
21
V3
23
23
»
NOTS—
75*
FRUIT-
Plmms, State
w»orti«b«m4ji..
a "gal.
wlndowglaas
C5
Gr'd Bk.ft Ueorge's (new) cod.* qtl. 3 00
Mackerel, No. 1,M. shore
pr.bbl.
Mackerel, No. 1, Bay...
Mackerel, No. 2 Mass. shore
6(0
Mackerel. No. 2, Bay
do
hide, h.,m. ftl....
.
FISH—
do
4 10
21
Rosin, strained togoodstrd.fi bbl.
" low No. 1 to good No. 1 ••
•'
low So. 2 to good !'o 2 "
M low pale to extra pa'e
"
1
a
6^a
4 a
;o a
Shell Lac. 2d ft lBt English
lea.
at 100 t>.
Soda ash
„
Sugar of lead, white, prime
Vlb
Vitriol, blue. common
do
do
do
lb.
...a
test
3
22
23
24
25
Rhubarb, China, good to pr
Sal soda, Newcastle
filuo
Figs,
t
....a
00
V
c.)
.9
0J
,
Prnsslate potash, yellow.
Quicksilver
Quinine
do
!"!
....a
is
23
62-sa
01ivltrtol(66 Brimstone)
do
do
do
100 lbs.
Pitch, city
Spirits turpentine
Brazil,
43
2 21
1
ft
. .;•
4 73
5
"...ft
24
1
15
Madder, Dutch
Madder ( French
Nntgalls, blue Aleppo
«,
common
3
Jalap
Licorice paste, Calabria
Licorice paste. Sicily
Licorice paste, Spanish, solid
Opium, Turkey
.
Tar, Washington
Tar, Wilmington
a*
16
*|
v
>.
.'.00
English machinery
English German, 2d
NAVAL 8TORES—
'•
2 20
se,
1
....a
.
English, sprlng,2d ft istquallty.. •'
English blister, 2d ft 1st quality.. "
Fllnerts, Sicily
Gambler
Ginseng
ft
S'
...
1
Demerara
Porto Rico
do
bOtest
H. O., com. to choice
l oj
3 51
Forelgo
Domestic, common.
Domestic refined
53W-a
.a
Barbadoea
15 75
57
powdered
Cabebs, East India
Cutcn
a
27Xa
64S«
» «
» ft
1
1
W
Engl lsh,caat,2dftl II quality ....fia
wS
Cuba, clayed
lixa
"''
Hemp, foreign
Flaxseed,
r
iiiioi-u, American
American, rough
'
Linseed, Calcutta. .
'w 'A
Linseed, Bombay
..*(•.
Centrifugal, NOB. 7ftt3
Cuba, Mns., 50
vtleOlb. 120 a 1 25"
per ton. 24 50 Z 2i ou
?<a.
2va
refined
tartar,
3 55
airs,
1 71
1 Iri
2 !t
2 10
...e
UOLABSES—
i..
a
«X
a 8f5
2
tUOOtt.
12
...ft
Texas, crop
fo"
js*a
Arsenic, powdered
Bicarb. soda, Newcastle
Blcbro. potash
Camphor
1
S3
rosgb
Slanghtercrop
Oak. rongh
aii'g;u
kuS
7n
58
7
m
'.
'•
1«X
S3
l
ft.
ft
ft
5-.-H8
....ft
4
lillKK
,
ft
«
11
Hemlock Buen, A 'res, h.,m.ft I.Vlb.
"
California, h., m. ft 1
21
22
24
V100B.
ft
ft
«(
4
LEATHER—
17
15
Aloes.Cape
Aloes. Barbadoea
Cream
15S
ft
».
American Ingot, Lake
COTTON— Bee special report.
DKOOS
16
a
14
COPPER—
Bolts
25*
a
W
9
Ordlnary foreign
Domestic, common
Bar (discount, 10 p.
fi
•
Bheet
UK
"X
*
u a
a
]<>x*
u a
"
M
Domingo
a
14
"X*
'•
10
8
8
LBAD-
I'X*
'-Ud
"
•
17
11
is
ft
.
« ....
"
do
do fair,
do
do good,
do prime, do
Java, mala
NatlveCeylou
Mexican
Jamaica
Maracaibo
Laguayra
8X
Plg, American, No. 1
fi ton.
a 20 (0
Pig, American, t.o.ll
is 51 a >.» 00
Pig, American, Forge
17 00 a 18 Ml
Pig, Scotch
2000 qrti so
store Prtces.
_
_
Bar, Swedes, ordinary sites... V lb
a
6
Bar refined, Ene. and Amor. per ton. 16 50 a IS On
Sheet, Rnssla, 8 to It
tu,
ll)4ft
12
Ralls, American, at tide-water
39 On a 49 0)
Steel rails, American, a: tide water. 49 (0 ft 5 J 00
Port
Vrs
7
13
10
IRO»--
A w.
Stove.... 2 35
2 7>X@2 "5
Ch'nul... 2 IV
2 55 &2 57X
2 63
1
50 cents additional tor delivery at New York,
v L. & W. quotations are for Wilkesbarre coal.
CvjFFltif.—
tiio,
11
a
•
a
I
s
to choice
10
a
•
10
Carthagena, nressed
Nicaragua, »heet
Nicaragua, scrap
Honduras, sheet
Mexican, sheet
Schedule.
3j
1
IS
10
•
9SO
8KB
•na
growths
111
to
20
20
" a
Panama strip
2 91
2 45
2 7n
2 45
i*>»a
....a
••
Para, fine
Para, coarse
Esmeralda, pressed, strip
Guayaquil, pressed, strip
Wcchawkea. Johcst'n.
St'mb...»J iS
Orate.... 2 25
Bgg
•*
Yearlings
5*
5 L.
D.ft H.
Schedule.
l'j'iw
Western
Olds, all
15
15
1 49
2 1V
911
**
"
new crop, med.
:do
Eastern
21
.j
''
HOPS—
New Vorks, new orop. low to fair...
14X
D.L.ftW.
X
5M
ft
....a
••
Calcutta, deadgreen
Calcutta, buffalo
40
4H»
•
20H»
"
*. /.stock— Val.,<lauglit.i'ow.
delivery
Peon.
isJ
»H«
Mutamoraa.
"
do ..
K'ei,Suited— Baen. Ay, selected "
Para,
do.... '•
California,
do.... "
Texas,
do.... "
Liverpool gat cannel
a ICO
Liverpool houar cannel
n oo a
AnTBRAOiTB— The following will show prices ai
last auction or present scheJule rates; the names Immediately above the figures Indicate the places of
Schedule.
JftJOO*
<
do...,
do....
do....
do....
California,
5*
••
I
1
8J-
»»•
» hoik
•••••»
SPKI.TKR-
Rio Grande,
Orinoco,
:ix
B>
V
•'
Oft
O'ft
;,','
Corrlentes,
00
45
CO*
U5
L>ry-Buenos Ayres selected. .«».
Montevideo,
do..., •
25
16
OO
25
50
50
50
"
.
Jute
«
'43
Jlnotliy
Canary, Smyrna
Canary, Sicily
Canary, Spanith
Can&ry, Dutch
HIDBB-
oo
eo
ft 43 00
45
00
ft
73 00
State factory, fair to prime, old
COAL—
w
145
IX
»
.....
Manila
aa
planka, each
IS ft
Hemlock boards, each
141
ft
Maple
* M.lt. so 00 jraib— '.0tgt4Uil.crni.fen.ft eb.« keg
Clinch, lx to 8ln.*ionger
3 73
3dtlne
Cut6plkes,allslzes
faints— l.d., in oil. com., price. V ir
Lead, dry, combination, piles....
"< «
Elnc, ox do. dry
8
«
line, French, gieer, so 1
»Xft
Paris wnite, K.-.a.clliI.to. e V HO Ik. 1 23 ft
(Wholesale
B1TTTKR—
Prices!—
State, palls
and tubs, (air to
choice
V u>.
West'n creamery food to pr.me "
fair to choice....
dairy, fair to choice
v ton.
Italian
.* ».
Clover.New rorkBuic
a
IK
.in
Sisal
26
ft
ft
ft
ft 10 00
40 00
19 00
A
3
a
10
M.lt. 85 00
Welsh, state,
100
Russia clean
BUILDING MATER1ALBOricts— Common trnrcl, afloat..* M
W
AMI
a
American dreaaed
AmerlcaL undressed
<Y
I
BRKAl'MTU t ftj— See special report.
Oak
flf
Clover, Western
UATIIKMI-
Pot, aborted
129
O U NN 1Kb.— See report under Cotton
PRICES CURKKNT
Ash, good
Black walnut
Spruce boards
.
13
ft
ft
4
.n
1*
290
: :
= 130
:
THE CHRONICLE
Steamships.
Financial.
B.
Blakeslee,
F.
Commercial Cards.
OILY
MAIN STREET
333
BBOWK.
Co.,
'Mnnufucturern and Dealers In
The general Trans-Atlantic Company's
Mail Steamships,
Special attention paid to investment orders for
miscellaneous Stocks and Bonds.
H.
&
(HILLS BLOCK),
HARTFORD, CONN.
WAL8TON
Turner
Brinckerhoff,
AND STOCK BROKER, Direct Line to France.
IKIMI
XXIX
[Vol.
And all
NEW YORK AND HAVRE.
FKKD. A. DROWN.
WalstonH. Brown &Bro.
COTTONSAILDUCK
BXTWKEH
The splendid vessels on this favorite route for the
Continent— cabins provided with electric bells— will
sail from Pier (new) No. 42 North River, foot of
Morton street, as follows
Wed., Aug. «. 8 A. M.
ST. LAURENT, Jouclo
Wed., Aug. 13. 1:30 A.M.
l'KRKIRE, Dunro
Wed.. Aug. 20. 7 A. M.
AMK1UOUE. Delord
kinds of
COTTON CANVA8, FELTING DUCK, CAR COVER
IN», BAGGING. RAVENS DUCK, SAIL TWIN 88
AC. " ONTARIO SEAMLESS BAGS,
'
"AWNING
STKIPKS.'
:
BANKERS,
Pine Street, New
11
York.
PRICE OK PASSAGE, (Including
To Havre— First cabin, $100 second
:
.•SPECIAL
ATTENTION GIVEN TO THE NEOOT1A
TION OF
RAILROAD SECURITIES.
&
Trask
wine)
cabin, f 65
Also, Agents
United States Bunting- Company.
A
fall
supply
third cabin, $35; steerage, $26, including wine, bed.
Return tickets at very reduced rates, available for
twelve months.
For passage and freight apply to
Francis,
Broadway 4c
New
16
New
St.,
i orb.
Head
STOCKS, BONDS and gold Bought and Sold on
•Commission, and carried on Margins.
Deposits Kecelred and Inteiest Allowed.
%W~ Accounts of Country Banks and Bankers re
•celved on favorable terms.
S.
Atlas Mail Line.
Transact a General Banking Business.
For West Indies and South America, Calling at
the following ports, viz.: Kingston (Jam.), Cape
Haytl, Gonaives, St. Marc, Port au Prince, Aux
Cares and Jacmel, in Haytl Santa Martha, Savanllla, Carthagena and Aspinwall, in Colombia; and
Grey town, Nicaragua.
Regular Fortnightly Sailings from Pier No. SI
North River as follows
For Haytl, Colombia, Greytown, PortLimon, Aspinwall. Panama, and South Pacific Ports
Aug. 13| ANDES
AILSA
Aug. 27
For Kingston (Jam.). Hayti and Maracaibo
CLARIBBL
Aug. 7 ALPS
Aug. 21
Superior first-class passenger accommodations.
P1M, FORWOOD &, CO., Agents,
No. 37 Wall Street.
W
Hong Kong,
Office,
AGKXT,
POMEROY
Russell
&
Co.,
bankeks and brokers,
T Wall St., Cor. New, New York.
Special attention to business of country banks.
A Cbotce lot of Land- In different parts of tbe
West. Also, Western Securities. A Choice Invest
iment. Address, for full particulars.
D. II.
General Land, Scrip and Warrant Broker,
Sioux City, Iowa.
From Various
NICOLAY, Auctioneer
&
J.
NEW YORE,
IS
W
Mills.
Also UtU
Charcoal and BBlor
chips' Rigging, suspension
trtdges, Derrick GuyB.Ferrr
Mopes, Ac
A large stock
constantly on band from
which anj desired length
are cut. HXAT STEEL AND
of Power. Ac.
IRON ROPES
ITI ANON
A CO.,
Brnadwar, N#»w Vortc.
St.
Insurance*
Bro.,
M JLBINB AND INLAND INSURANCE.
OFFICE OF THE
ORIENT
.VHOIAV &
STOCKS
St.,
Mutual Insurance Co.
Till ICXDAY,
j20~ Oar E-ial>liBhid Days 28 Tears, _£gl
Or Special .--a es on o her days when r. quired.
II.
New
-
SALES
STOCKS
of
A
all
IV
BONDS.
George Mode,
Ei. ward F. Davison,
Henry
No. 11
SODA.
New
Old
Slip,
The Jobbing Trade
ONLY
Snoolied.
No. t
IHULLER
PINK STREET,
NEW
A
Henry E. 8 rague,
John Welsh, Jr.,
Wil iam Poh m.uin.
Alexander Hamilt n,
Conatautin Me, el
Lewis
Carl L. Recknagel,
C. L.F.
W.
W.n S. Wilson,
F. Cou»inery,
F.
Ca
y, Jr.,
Carl Vietor,
Ramsay orooks,
WEDNESDAYS AND SATURDAYS.
H.
Walter Watson.
Ancbincloss,
Lawrence Weils,
it-,
York
Arthur B. Graves,
H. L. (Jhas. cnatild,
I
SON,
B.
YORK.
Manning,
'
SOUTHERN SECURITIES
or- is.
vi
Chart. F. Zi-
mermann
3
Tlieod re Fackiri,
Roe,
Guvtav Schwab,
Guoige H. Moigan,
L
M
Calv.c.ruwi.
1
1
and his other styles may be had of
and Coupons
Investors or
ANI'ON MK.'Z,
i
throughout the vmrld.
i
Joseph Gillot t
Ac
Sccreta.y.
Assistant Secretary.
UTUAL LIFE
Bis Celebrated Numbers,
303-404- 70-35 -332,
all dealers
A SPECIALTY.
dealer- wishing to uuy or sell are invited to communicate with us.
Member of the New York tocK Exc»>aT>ire.
rne-to G. Fabbri,
Wtm.
ted
BANKER AND "HHKER,
No. 14 Wall street. New York City,
State, Municipal an 1
allway
ond«
bought and sold at , pest market rate .
1
EUGENE nUIILH, Pre- idem.
ALFRED OGDEN, Vice President.
CHARLES IRVING,
John
M
Alex.
Lawrence,
J, In. I). l)n,
Charles Munzinger,
E.
llii'jh
o>
ADRIAN
Koutn,
Deli.
H R. Lyman,
Henry R. Kai.hardt,
SUPJB KCAKBOWTi:
ciastes of
O
TRUSTEES.
Co.,
MANUFACTURERS OF
REGULAR AUCTION
hnid
undersigned
D wight &
John
December, 1878,
91,133,270 63.
CO.,
York.
At Auction.
The
Assets, 31st
JIILWAUDiS HELIX NEEDLES.
400 BROADWAY, NEW YORK.
BONDS
and
Mining
order.
We hold onr Regular Auction Sales of all classes ef
STOCKS AND BONDS
No. 43 Pine
for
purposes manufactured to
AT AUT10N.
ALBERT
o p
clined Planes, Transmission
Co.,
and Bonds
KVERY MONDAY .WD
New York Agency,
New
" W. POMEROY Jb.,
S.
59 Wall St.. N.Y
STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PUKPOSE& in-
Bla.OS,
&
N. T.
jvan'.zed
Whits Stbsbt.
15 <Jhao.>uxt
PHILADELPHIA.
DAYTON. '23m Ci?!rsT«JTTTftT*«irr
George A. Clark
Co.,
R
e
Hosiery, Shirts and "rawer*
43
Reference.— First National Bank, Sioux City, Iowa
Stocks
Wi r
l
Atlantic < o ion mills,
Saratoga Victory Mi"*; Co.,
TALBOT,
H.
Ckn teal Strkkt.
Strket.
AGENT* FOR
EOWA, NEBRASKA AND DAKOTA. Washington 'ill In, Obleopee Tlfg
10 to 12 Pkb Cent Gcabantkkd.
Burlington Woolen Co.,
FOR SALE.
Ullertou New IUUU,
.ALBERT
1
FORBI
fORBES.V
E.R.Mudge,Sawyer&Co
TO LOAN ON APPROVED SECURITY IN
&
St..
«
Boston Agency,
;ency,
MURRAY
J.
30
Commercial Curds.
Wanted Money
Wall
and ship agent
I
HTVE^TMENT SECURITIES.
Jr.. 59
Hong Kong, Canton, Amoy, Feochow
Shanghai and Hankow, lilna.
:
A. H. Brown
Shanghai
commission merchants
;
:
in stool.
Street.
Banking Corporation,
Agent, 55 Broadway,
BANKERS AND BROKERS,
-70
Rnane
lOfl
Hong Kong &
DE BEBIAN,
LOIIN
Widths and Colors always
all
No.
ding and utensils.
Sons,
INSURANCE COMIM
OF NEW YORK.
n*w York.
F.S.WINSTON PRESIDENT.
APPROVED DESCRIPTION OF
,
STEEL
SPENCERIAN
PENS.
In 20 NUMBERS, of superior
English make, suited to every stylo
of writing. A Sample of each, for
trial, by mail, on receipt of 25 CT3.
ASK YOUR STATIONER FOR
THE SPKNCERIAN PENS.
IV Ml
,
K ftknil", H V
NEW
I
VO K.
II
r
\
ISSUES EVERY
LIFE AND ENDOWMENT POLICIES
ON TERMS AS FAVORABLE AS THOSE OF
ANY. OTHER COMPANY.
ORGANIZED APRIL, 12™ 1842.
CASH ASSETS OYER S 80, 000, 000.
C
August
2,
.
THE CHRONICLE
1879.
PublW-ltlioilft.
IiiNuriincc.
^
OFFICE OP THE
Hux-
A. Froude, Prof.
ley,
\
AT L AN TI
.
It.
A. Proctor,
Freeman, Prof.
dall,
W.
Dr.
I it.
1
-
>
Lea* ax, Atuais a
New Orleans,
B. Car-
<
Power
Cobbe, The Duke of
A
om
mission
Insurance
Co.
40
Carlyle, Kuakln, 'leuuyson, Browning, and many others, are icurcseuted in the
<
MERCHANTS,
EXdlANQE PLACE,
New
Mm.
Black, .11I«» Thackeray,
Hiss Mnl... ii Geo. .« hi- li.> nil l«l, Mrs.
Ollphaut .liiiii Ingelow. JUrs. Alexil.iitlii'M
iiiinl),
ander, Thoiiius
Arnold, Henri Klngsley, Turiroentef*,
Linatx, Dun* o
Montgomery, au.
Co.,
La.
LEHMAN BRO'S,
Cotton Factors.
AND
penter, Frances
Aricyt
Mutual
Cotton.
The Greatest Living
Authors, such as Prof.
flax lauller, Itt. 11 n.
W. E. Gladstone, Jas.
York.
Orders executed at the Cotton Exchanges In N>-»
York and Liverpool, and advanres made on Con. .a
and other produce consigned to us, or to oar con npondents In Liverpool, Me srs. it. Newgut * Co.
and Messrs L. Rosenheim * Bona,
pages of
New
The Trustees,
82, 1879.
in conformity to the Charter of the
Company, submit the following Statement of
affairs
ou the
31st
its
December, 1878:
Premiums received on Marine
Total amount of Marine Premiums . $5,858,006 83
No i/o-icies have been issued upon
Life Risks nor upon Fire, disconnected with Marine, Risks
.
off from 1st JanuDecember, 1878
Losses paid during '.he
ary, 1878,to 81st
4,186,024 93
$2,012,784 45
Return; of Premiums and
Expenses... $859,960 58
The Company has
md
Dumg
New York
Bank and other stocks. $10,086,758 00
Loans secured by Stocks, and otherwise
701,200 00
Real estate and claims due the Company, estimated at...
619,031 50
Bills Receivable.'
CashinBank
1,629,259 74
4
amount of Assets.
.?".
~
. .
Six per cent. Interest on
.
^
881,210 92
the outstanding
Tuesday, the 4th of February next.
The Outstanding Certificates of the Issue
of 1875
will be redeemed and paid to the holders
thereof, or their legal representatives, on and after
OUBIS
(tlanrheater
the world of the most valuable Literary am' Helen-
in
U0c matter of the day, from the pen. of the FORKMOST ESSAYISTS. SCIENTISTS. CRITICS. U1S
COVKKKKB AND
partment
Tna
EIllTOliB, representing every de-
Knowledgi umi progress.
Ask is a weekly manazine giving
01
i.ivimj
more than
1
de.'
i>
I
>
minds
of
thereon will cease. The certificates to
at the time of payment and cancelled.
—
year./re* or iJtmuiue or loi *1U 50 Tun Living Aex
»nd either one of the American *1 monthlies (or
Harper's Weekly or Bazar) *lll be sent lor a yeai
both postpaid ; or, for ts ni Thk livinu auk and
the A. Atchotas or Appleton's Journal.
Mill
I
I.
«AY. Bos'on.
A-
A
Dividend of Thirty per cent, is decared on the net earned premiums of the Company,
for the year ending 81st December, 1878, for which
certificates will be issued on and after Tuesday, the
6th of
May
By
next.
J. II.
CHAPMAN, Secretary.
PUBLISHERS
THE CHRISTIAN
ADVOCATE present to
Of
readers, in its week-
paper SEC-
OND TO NO OTHER
PUBLICATION of its
kind In the world
TRUSTEES!
Charles Dennis,
W. H. H.
Lewis Curtis,
James Low,
Gordon W. Burnham,
Moore,
Charles n. Russell,
David Lane,
Francis Skiddy,
Adolph Lemoyne,
William E. Dodge,
Thomas F. Youngs,
Wm.
Sturgis,
Josiah O. Low,
Charles P. Burdett,
Royal Phelps,
C. A Hand,
William H. Webb,
Horace Gray,
Edmund W.
John
John D. Hewlett,
Corlies,
Alexander
V B
Charles
Marshall,
II.
ake,
Robert T. Stuart,
Frederick Chauncey,
William Bryce,
Peter V. King,
Horace K. Thurber,
William Degroot,
J
President.
CHARLES DENNIS, Vice-President,
W. H. H MOORE, 2d Vice President
AA
RAVEN,
8d Yice-Preeideiit.
L'SIXESS
H. Tileston
Who
O
Columns
Advertising
us
an Advertising Me-
dium that
patronize.
it
pays to
Reason
:
munlty where
evinced
STEADILY INCREASING CIRCULATION of the paper.
and
It
York.
&
Co.,
OTTON FACTORS * COMMISSION MEK- HANTS
47 Broadway. New York.
John
&
F. Wheless
COTTON
III
Co.,
\N
II
I
Special attention given to Spinners' orders.
spondence
Corre-
solicited.
Rkfkrksckb.— Third and Fourth National Banks
and Proprietors of Thk Cbbonicl*.
W.
Larrikin
&
Co.»
Cotton Factor*,
YICKSBURG, Miss.
Orders to Purchase Cotton In onr market solicited
Refer to Messrs. THOMAS J. SLAUGHTER. New-
York
iates
;
it
Wm.
com
ctrcu
In fact, just the
people that flrst-class
Business Houses desire
to reach.
Felix Alexander,
COTTON BROKER,
AUGUSTA, GEORGIA.
Entire attention given to purchase of COTTON
for SPINNERS and EXPORTERS
CoRRKBPOXDkXCB 8 ILirlTKD.
oa
ORDER
References i-Natlonal Bank of Augusta, Georgia
Henry Hentz ft Co., Commission Merchants Ne
York William B. Dana A Co., Proprietors Comma
dial and Financial Chboniclx, and other New
Yoik Houses
:
has a large local
PARTICULAR ATTENTION is given that
and
no Advertisement cal-
RAILWAY.
of
culated to mislead tne
Si80 A. M. TO 12 P. M.
Rector Street— Nearest point for Wall St. Ferry
and connects with the cars for South erry. Cortland! Street -Nearest point for Jersey City and Comstreet.
munipaw Ferries. Park Place. Chambers
Fnnklin Street. Grand Street. Bleecker Street—
Connects with cars for East and West. 8th Street.
14 n Street. 33d Street, 33d Street. 4&I StreetConnects with New York Transfer Company « fabe
for Grand Central Depot. «»>'> Street and Ah.Ave.
St. and
win street 53d Street and sth Ave. 59th
72d Street and IHh Ave. 81st Street and
Stli Ave
St reel and nth Ave. 104th Street and
W Ave 88d
stations.
9th Ave For up-town trains take east side
For down-town trains *ake west side stations.
and 6th ave. and
circulation
around
New
New
Sawyer, Wallace
Its
ter class in every
is
Co.,
Indorse It Highly
That the membership
the present large
.
-'en in Futures executed at N. Y. Cotton Kxchansr*
are In the con-
stant habit of using its
of the Church appreci-
in
&
\
1841.
JOTTON BUYERS * COMMISSION MKHCHAN1S
HOUSES
readers are of the bet
the
in
cities
York, Brooklyn,
Elliott,
Robert B. Mintnm,
George W. Lane,
James G. DcForest,
Charles D. Leverich,
William H F <gg,
Thomas B. Coddington,
A. A. Raven,
Benjamin H. Field.
D JONES,
in
.
,.
NASHVILLE, TENNESSEE.
point of actual merit.
ate this fact
J. D. Jones,
and Liverpool.
established (In Tontine Building)
NEW YORK.
ly Issues, a
order of the Board,
NEW YOKE.
No. 146 Pearl str.it. near Wall, N.
D.
its
IV
Of
Christian Advocate, COM MISSION Ml
LEADING NEWSPAPER OF THE METHODIST
EPISCOPAL CHURCH.
Circulation over 60,000 Copies Weekly.
TI1K
IN
tnt< rest."
<;n rer.
Tne prince among migazines. n —K. Y. Observer.
"jt afford' thebest, the cheapest and most convenient
means of keeping ab eas. u-ith the pi ogre s of thought
Piillitjen bin Nunh Adieiican.
in ail its phases
The 1.IHSII AOK )» Pt'BLlS. ». W«»KLV at *8 00 a
••
The
II
0E JERSEY A CO
James F Wenman & Co.
60 Stone Street.
ABLEST LIVING WRITERS.
" t reproduces the bent thought* of the best
the civilized world, upon all topics of lining
ii
I
COTTON BROKERS*,
double-column octavo pages of reading matter yearly
it presents In an inexpensive form, considering its
great ftuionnt 01 matter, with freshness, owing to Its
weekly Issue, and with a satisfactory completeness
attempted by no other publication the best E»sa>>
Reviews. Criticisms, Taei. sketches of Travel and
Discovery, Poetry. Scientific, Biographical. Historical
and Political lnlormatlon. from the entire body of
Foreign 1'erlouicul LUen.iure, a..d froui the pens
i
It
.
THREE AND A QUARTER THOUSAND
-
HI
(3 EXCHANGE PLACE,
Unapproached by any other Periodical
Tuesday, the 4th of February next, from which date
be produced
MISSION
ana an amount
$13,320,463 16
certificates of profits will be paid to the holders
thereof, or their legal representatives, on and after
all Interest
oil
<
01 the
Stock, City,
Premium Notes and
1F.9.
LEADING FOREIGN NOVELISTS.
the following assets, viz.:
United States and State of
Total
1,
;
;
Premiums marked
Thk Livino Aok
entered upon Its One
tne year It
KoTtieth volume.
llundied
will furnish to it. renders me productions of Hie
foiemo t authors above named and many other*
embracing the choicest betial ana Short .tones by
ihc
Jan
Risks,
from 1st January, 1873, to 81st December, 1S78
$4,009,339 47
Premiums on po'iciea not m irked off
let January, 1878
1,818,697 36
saxe period
Knoop, Hanemann 3c Co
Littell's Living Age.
York, January
Jersey City and Phila-
readers of the paper
is
inserted.
delphia, and goes, also.
Into every
State
and
Territory of the Union,
CORRESPONDENCE
SOLICITED.
and Canada and Europe.
ESTIMATES PROMPTLY FURNISHED ON
APPLICATION.
PHILLIPS & HUNT,
PUBLISHERS
No. 805 Broadway, New York,:
Metropolitan Elevated
OPEN FROM
Trains will run to 58th stieet
104th itreet and 9th aye. alternately.
Sunday t™> n
.
mlinlgbt -
yXRE Te/'cENTs!
A.M. and.
Except between the hours' ofjSo and 7:30
M., when the fare Is Five Cents.
aim 7 iP.•"
5
a and
WM
M.
R QAHRISOX.
VAN BROCKJJN,
President,
Superintendent^
,
:
THE CHRONICLE.
TJ
Cotton.
Cotton.
&
Woodward
Stillman,
SEAMEN'S BANK BUILDING,
&
Not. T4
T6 Wall
NEW
ii
»
COTTON
COMMISSION MERCHANTS,
Street,
YOKK.
MERCHANTS
LOANS MADE ON ACCEPTABLE
Cotton Exchange Building,
New
101 Pearl Street,
York.
SECURITY.
LOANS MADE ON
made on Consignments.
Special attention paid to the execution of orders for
the purchase or tale of contracts for f ntnre delivery
SOUTHERN SECURITIES.
HOME
&
Co.,
OP NEW YORK,
OFFICE, 119 BROADWAY.
Fifty-Second Semi-annual Statement,
SHOWING THK
CONDITION OF THE COMPANY ON THE FIRST
DAY OF JULY, 1879.
CABH CAPITAL
$3,000,000 00
Reserve for Rc-insurance
1,728,217 00
Reserve for Unpaid Losses
NetSurplus
Gwynn & Co.,
Fielding,
St.,
New
$6,128,021 74
Total Assets
in the United States, available for the PAYof LOSSES by FIRE and for the protection of Policy-Holders of FIRE INSURANCE
Held
MENT
Cash in Banks
Bonds and mortgages, being
first lien
real estate (worth *4,107,fl09)
COTTON FACTORS
COMMISSION MERCHANTS,
South 'William
220,2 10 20
1,179,594 48
S17MMARY OF ASSETS
GENERAL
8
Company
Insurance
of cotton.
Henry Hentz
1879.
%,
Insurance.
INMAN,SWANN&Co
EN EK A L COMMISSION
liberal advances
[Auoust
lork.
$92,428 67
on
1,926.836 61
value).... 8,219,500 00
189,575 00
United States stocks (market
Bank stocks (market value)
Stateand municipal b'ds (market value)
Loans on stocks, payable on demand
(market value of secu rities $216,367).
Interest due on 1st July, 1879
Balance in hands of agents
Realestate
Premiums due and uncollected on poli-
235,773 00
141 ,170 00
55.178 25
163,506 68
S5.981 86
.
Advances made on Consignments to
JAMES FINLAY ic CO.,
LIVERPOOL, LONDON AND GLASGOW.
nenrs.
COMMISSION MERCHANTS,
140 Pearl
Also execute orders for Merchandise through
FINLAY, MTJIR &
Messrs.
•and sold on Commission in
Schroeder
Johnston,
SUCCESSORS TO
WARE, nilBPHT &
CO.,
cotton; commission merchants,
New
111 Pearl Street,
York.
Special attention paid to the execution of orders
for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on con-
signments.
B. R. Smith
PEARL STREET. NEW YORK
Co.,
COTTON
COTTON BROKERS,
<3 REAVER STREET, NEW YORK.
R. M. Waters & Co.,
PEARL STREET, NEW YORK,
21 Central Street, Boston.
Liberal advances made on consignments. Prompt
ersonal attention paid to the execution of orders
or the purchase or sale of contracts for future
ellvery.
F.BABCOCK&CO.
COMMISSION MEltCHANTS,
17 Water Street. LIVERPOOL,
Receive consignments of Cotton and other Produce
at the Exchanges In Llverpoo4
New York at the office of
and execute orders
Represented In
BABCOCK BROTHERS & CO,
£0 Wall Stbkkt.
WATER
STREET,
Jemison
S.
(Successors to
&
MOODY &
Co.,
AND
GENERAL COMMISSION MERCHANTS,
No. 123 Pearl Street, New York.
COMMISSION MERCHANTS.
Advances made on Consignments. Future Con*
bought and sold on Commission, In
Farley,
J.
COTTON FACTORS,
COMMISSION MERCHANTS,
AND
.FINANCIAL AGENTS,
132 Pearl Street,
o Box
3,909.
New
York.
Advances made on Consignments.
Special personal attention to the purchase and sale
Of *' CONTRACTS FOR FUTURE DELIVERY " OF
COTTON.
Dennis Perkins
&
Co.,
COTTON BROKERS,
117 Pearl Street, New York.
Orders for Spot Cotton and Futures promptly executed.
Unpaid
...
losses, etc
North
&
(Successors to
British
Mercantile
Co.
Ins.
OF
LONDON AND EDINBURGH.
I'
ni ted' St ales
Board of Management,
NEW TORE
:
SOLON HUMPHREYS, Ch Vn.(B. D.Morgan A Co
DAVID DOWS, Esq. (David Dows & CoT)
"^B
Waldron
&
of Contracts for Futurt
Delivery.
Tainter,
XOTJRSE
ft
BROOK >>,
E. P.
FABBRI, Esq.
(Drexel,
S. B. CHITTENDEN.
EZRA WHITE. Esq.
Morgan &Co.)
Hon.
Office
COTTON BUYER & COMMISSION MERCHANT,
NEW ORLEANS,
A. L. Pierce
&
Civil Engineers
P.
BLAGDEN,
&
LA.
New
Liverpool
dr*
London
Co.,
Real Estate Agents,
St.,
54 William
York.
& Globe
TICKSBVRG, 1MSS.
Insurance Company,
Purchase, sale, entry and redemption of lands and
payment of taxes for non-residents attended to.
information as to value and local advantage of
lands furnished. Our field of operation embraces
the States of L ouisiana and Mississippi.
45 William St.
FOR
1
Liverpool.
H.
New York.
Special attention given to the execution of order*
tor tbe purchase or sale
tracts for Cotton
H. W. &
Re-insurance fund.
GENERAl
JEMISON),
.RANKERS, COTTON FACTORS
New York and
1879
(6,914,147 79
13,000,000 00
1,617,189 85
851,499 00— 4,868.689 85
1,
Capital
Foulke,
L. F. Berje,
Agencies for the purchase of Cotton at all of the
principal Southern Markets.
P.
&
Bennet
CO.),
ROSTON, MASS.,
E.
Total Assets, January
MANAGERS,
COTTON BUYERS AND BROKERS,
No. 95
Company
OF HARTFORD.
GENERAL, COTTON MERCHANTS, J. J. ASTOK, Esq.
9T PEARL STREET, NEW YORK,
CHAS. E. WHITE, SAM.
Future orders pr. mptly executed.
Almy & Co.
GRAY A
Insurance
MERCHANTS AND BANKERS,
NET SURPLUS, Jan. 1879.. $2, 045, 458 94
54 BROID STREET, NEW YORK. Xo. 2 Cortlandt St., New York.
JTAS. A. ALEXANDER, Agent.
Liberal Advances made on COTTON in Store.
121 Pearl Street,
(Successors to
on demand.
MTNA
WALTER & KROHN,
AND
B.
clared, payable
J.
1,
&
COMMISSION MERCHANTS,
109
74
MARTIN,
President.
J . H. W A si I hi ii v. Secretary.
A Dividend of FIVE PER CENT has been de*
COTTON BROKER,
136
.$6,188,081
CHAS.
Geo. Copeland,
bought
New York and Liverpool.
&
Total
CO.,
CALCUTTA AND BOMBAY.
FUTURE CONTRACTS FOR COTTON
8.734 24
cies issued at this office
Y.
street, N.
S ALIO,
TO ORDER,
J.
E.
0,000 Tons
PEESFORD,
Resident Manager.
English Steel Rails,
DELIVERABLE THIS YEAR.
PHILIP
S.
^onunercial
JUSTICE,
PHILADELPHIA,
Or A. T. CH17R, 78 Broadway, N. Y.
14 N.
FIFTH
ST.,
MANCHESTER
Works,
Locomotive
LJnhn
{OF LONDOX),
MANUFACTURERS OF
Locomotive" and Amoskeag Steam
ALFRED
Fire Engine*,
MANCHESTER, N. H.
ARETAS RLOOD, W. G. MEANS,
Superintendent,
Manchester, N. u
Treasurer,
40
Water
street,
Boston
Ins. Uo.
PELL,
Resident Manager,
3Y
&
39 Wall Street
@FedFRASER